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MTS revenues lift 1% in Q2, OIBDA under pressure from pandemic effects

2020-08-20 12:52:00| Telecompaper Headlines

(Telecompaper) Russian and CIS operator MTS reported revenues of RUB 117.7 billion in the second quarter, up by 1.3 percent year-on-year and slowing from 9 percent growth in the first quarter. Revenues for Russia alone went 0.8 percent higher to RUB 116.3 billion. Top-line growth saw significant positive contributions from both MTS Bank and core telecom services, offset by negative effects from the Covid-19 pandemic and related restrictions, the company said. 

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