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MTS group revenue rises 5.3% in Q2, OIBDA falls 4.3%

2016-08-19 09:15:00| Telecompaper Headlines

(Telecompaper) Russian MTS Group announced that its consolidated revenues grew by 5.3 percent year-on-year to RUB 108.136 billlon in the second quarter of this year. OIBDA declined by 4.3 percent to RUB 40.885 billion, and the OIBDA margin dropped by 3.8 percentage points to 37.8 percent. Consolidated net profit declined to RUB 9.056 billion, down by 47.0 percent. The net debt contracted to RUB 274.5 billion. The subscribers was 109.0 milllion, up by 3.5 percent.

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