Edition:
United States

Mobil'nye Telesistemy PAO (MBT.N)

MBT.N on New York Stock Exchange

10.19USD
4:02pm EDT
Change (% chg)

$0.05 (+0.49%)
Prev Close
$10.14
Open
$10.14
Day's High
$10.43
Day's Low
$10.14
Volume
1,237,032
Avg. Vol
1,009,438
52-wk High
$11.59
52-wk Low
$7.09

Latest Key Developments (Source: Significant Developments)

Russia's MTS to buy back up to 20 bln rbls of own shares
Wednesday, 6 Sep 2017 03:21am EDT 

Sept 6 (Reuters) - Russian mobile phone operator MTS MBT.N says::MTS plans to repurchase up to 20 billion roubles, seen as equivalent to $345.7 million, of its own shares;.The repurchase plan comes into effect on Sept. 6, 2017, and is effective until April 2019;.The buyback is part of a three-year share repurchase programme approved in April 2016 under which MTS planned to spend up to 30 billion roubles on buying back its shares..  Full Article

Russia's Sistema sells 1.27% of MTS in form of ADS for $100.4 mln
Friday, 23 Sep 2016 07:40am EDT 

Sistema : Sells 1.27 percent of MTS in the form of American Depositary Shares (ADS) . Says the stake was sold to a non-affiliated buyer for $100.4 million .Following this transaction, Sistema Group owns 50.44 percent of MTS's total share capital.  Full Article

Russia's MTS retires 68 mln treasury shares
Friday, 19 Aug 2016 10:36am EDT 

Mobile TeleSystems (MTS) : Announces the reduction of its authorized capital to 199.8 million roubles, which consists of 1,998,381,575 ordinary registered shares, from 206.6 million roubles, or 2,066,413,562 shares. . Says the cancellation of 68,031,987 treasury shares will take place before the end of August, 2016. .MTS held 67,995,335 of treasury shares subject to cancellation after the liquidation of its 100-percent subsidiary Mobile TeleSystems Bermuda Limited. The remaining 36,652 of treasuries belonged to MTS as a result of previous reorganization procedures..  Full Article

Russia's MTS says Q2 net profit almost halves, cuts fcast
Thursday, 18 Aug 2016 08:07am EDT 

Mobile TeleSystems (MTS) says: Q2 net profit fell 47 percent year on year to 9.1 billion roubles ($142.3 million); . Q2 adjusted OIBDA down 4.3 percent year on year to 40.9 billion roubles; . Q2 OIBDA margin at 37.8 percent versus 41.6 percent in Q2 2015; . Q2 revenue up 5.3 percent year on year to 108.1 billion roubles; . Cuts FY 2016 revenue growth forecast to 2-3 pct from more than 4 pct; . Lowers FY 2016 adjusted OIBDA outlook, sees it falling 4 pct (previous forecast: -2 pct to +1 pct). Further company coverage: [MBT.N] ($1 = 63.9650 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Russia's MTS says sold its 50 pct stake in Uzbekistan's UMS
Friday, 5 Aug 2016 12:00pm EDT 

Russia's biggest mobile phone operator MTS : Says has sold its 50.01 percent stake in the telecommunications operator Universal Mobile Systems (UMS) in Uzbekistan; . Says has sold the stake to the State Unitary Enterprise Centre of Radio Communication, Radio Broadcasting and Television of the Ministry of Development of Information Technologies and Communications of the Republic of Uzbekistan; . Says decided to sell the stake "due to a variety of business reasons and other circumstances"; .Says due to the stake sale, MTS expects to record a write-off in respect of assets of approximately 3 billion roubles ($46 million) in the third quarter..  Full Article

Russia's MTS recommends H1 dividend of 11.99 roubles per share
Monday, 1 Aug 2016 05:41am EDT 

Mobile TeleSystems (MTS) says: The board of directors has recommended an interim dividend of 11.99 roubles ($0.1808) per share (23.98 roubles per ADR) on H1 2016 results. . Based on the recommendations, the total interim dividend payout may amount to 23.96 billion roubles. . Shareholders of record on the company's books as of Oct. 14, 2016, are entitled to the dividend. Further company coverage: [MBT.N] ($1 = 66.3000 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Russia's MTS says repurchases $267.4 mln of Eurobonds
Friday, 24 Jun 2016 06:15am EDT 

Mobile TeleSystems (MTS) says: The company will repurchase $267.44 million worth of Eurobonds due in 2020 as a result of a tender offer announced on June 15. [nRSU8601Ba] Further company coverage: [MBT.N] (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Russia's MTS signs software supply agreement with Ericsson
Thursday, 16 Jun 2016 03:15am EDT 

Mobile TeleSystems (MTS) says: Signed agreement with telecoms equipment maker Ericsson for supplies of software to modernise MTS network until 2019; . Extends existing contract with Ericsson by 3 years, MTS purchases of Ericsson equipment and services could total 1.82 bln euros in 2008-2019. (Reporting by Moscow Newsroom) ((jack.stubbs@thomsonreuters.com; +44 2075 427 477; Reuters Messaging: jack.stubbs.thomsonreuters.com@thomsonreuters.net)).  Full Article

Russia's MTS posts 33 pct rise in Q1 net profit
Thursday, 19 May 2016 08:00am EDT 

Mobile TeleSystems (MTS) says: Q1 net income at 14.5 billion roubles ($218.3 million), up 33.3 percent year-on-year; . Q1 revenues at 108.1 billion roubles, up 7.9 percent year-on-year; . Q1 adjusted OIBDA at 41.3 billion roubles, flat year-on-year; . Q1 OIBDA margin at 38.2 percent vs 41.2 percent in Q1 2015; . Free cash flow at 20.5 billion roubles, up 37 percent year-on-year; . Confirms 2016 forecast for revenue growth in excess of 4 percent, change in adjusted OIBDA of -2 percent to +1 percent, capital expenditures of 85 billion roubles; . The board of directors has approved a three-year share buyback programme for up to 30 billion roubles. Further company coverage: [MBT.N] ($1 = 66.4305 roubles) (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Moody's confirms Mobile TeleSystems OAO ratings, outlook negative
Tuesday, 26 Apr 2016 07:10am EDT 

Mobile TeleSystems OAO:Moody's confirms Mobile TeleSystems OAO Ba1 corporate family ratings (CFRs), the Ba1-PD probability of default ratings (PDRs), gives negative outlook.  Full Article

BRIEF-MTS ‍launches new cloud service for big data processing​

* SAYS ‍LAUNCHES NEW CLOUD SERVICE FOR BIG DATA PROCESSING​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)