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Mobil'nye Telesistemy PAO (MBT.N)

MBT.N on New York Stock Exchange

20 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Russia's MTS to buy 1.5 mln own shares from market for $5.4 mln
Thursday, 1 Dec 2016 09:55am EST 

Mobile TeleSystems (MTS) says: A total of 1,510,414 shares of common Stock (including shares of common stock represented by ADSs) were properly tendered in its share buyback offer, based on the preliminary count. . The tender offer was not fully subscribed due to a rise in its share price on the market. . The offeror expects to accept for purchase a total of 1,510,414 shares of common Stock at a price per share of 229.0 roubles, for a total cost of 345,884,806 roubles ($5.41 million). . These shares represented approximately 0.08 percent of the company's issued share capital as of Sept. 30, 2016. . MTS does not drop plans to spend up to 30 billion roubles on repurchasing own shares over a three-year period. Further company coverage: [MBT.N] ($1 = 63.8900 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Russia's MTS says Q3 net profit falls 13 pct yr/yr
Thursday, 17 Nov 2016 07:00am EST 

Mobile TeleSystems (MTS) says: Q3 net profit fell 12.8 percent year on year to 12.6 billion roubles ($195.87 million); . Q3 adjusted OIBDA decreased 5.1 percent year on year to 45.7 billion roubles; . Q3 OIBDA margin at 40.7 percent vs 42.3 percent in Q3 2015; . Q3 revenue fell 1.3 percent year on year to 112.2 billion roubles; . Confirms 2016 forecast for 2-3 percent revenue growth, capital expenditures at around 85 billion roubles. Further company coverage: [MBT.N] ($1 = 64.3300 roubles) (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com)).  Full Article

BRIEF-Russia's MTS announces share buyback from market, parent
Monday, 31 Oct 2016 05:11am EDT 

Corrects 2nd bullet to clarify MTS plans to buy back up to 24.8 million shares from minority shareholders and around the same amount from Sistema.Mobile TeleSystems (MTS) says: Plans to buy back up to 4.93 billion roubles ($78.08 million) worth of own shares from the market; . Plans to buy back up to 24.8 million shares (around 1.24 percent) from minority shareholders for 4.93 billion roubles and buy back its shares from parent company Sistema on a pro-rata basis; . Says ordinary shares can be tendered within a price range of 199 roubles to 229 roubles. .The buyback programme to end before the end of 2016..  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 Sistema says plans to list agricultural business

MOSCOW Russian conglomerate Sistema plans to list shares in Steppe, its agricultural business, later this year or early in 2018, Chairman Vladimir Yevtushenkov said on Thursday.