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Mobile TeleSystems released its Q1 2022 financial results, showing a 8.5% increase in consolidated revenue year-over-year to RUB 134.4 billion. Adjusted OIBDA rose by 2.0% to RUB 56.5 billion, while net profit was RUB 3.9 billion. CEO Viacheslav Nikolaev highlighted the company's resilience and focus on reliable services amidst a challenging environment. Despite positive revenue growth, operating profit decreased by 6.7% to RUB 26.7 billion, and net profit fell by 76.2% from RUB 16.2 billion in Q1 2021.
Mobile TeleSystems (MBT) reported a solid financial performance for FY 2021, with consolidated group revenue growing 8.0% year-over-year to RUB 534.4 billion. The adjusted OIBDA increased 6.6% to RUB 229.4 billion, and net profit rose 3.4% to RUB 63.5 billion, driven by strong contributions from Telecom, Fintech, and Media. The company maintained cash CAPEX at RUB 111.0 billion, indicating strategic investment for future growth.
INTEMA by MTS AI has joined the NVIDIA Inception VC Alliance, enhancing its AI accelerator program for startups. This collaboration grants access to over 9,000 startups from NVIDIA's Inception program, mentorship from industry leaders, and resources from the Deep Learning Institute. INTEMA's strategy includes investing up to
Mobile TeleSystems (NYSE:MBT) reported an 8.4% year-over-year increase in Q3 2021 Consolidated Group Revenue to RUB 138.2 billion. Group OIBDA rose 4.2% to RUB 61.3 billion, supported by telecom and fintech services. However, net profit fell 12.5% to RUB 16.5 billion due to higher depreciation and finance costs. The company reaffirmed its full-year revenue growth outlook at high-single-digit percentage and raised OIBDA guidance to at least 6%. Increased investments in infrastructure were noted, along with narrowed cash CAPEX guidance to approximately RUB 110 billion.
Plug and Play and INTEMA, an AI subsidiary of MTS, have partnered to enhance AI startup development. This collaboration aims to accelerate global AI startups through mentorship and funding, providing each participant with up to $100,000 in early-stage funding. The accelerator program will leverage Plug and Play's extensive network, which includes over 40,000 startups and 500 corporate partners. The partnership seeks to create growth opportunities and drive innovation in artificial intelligence, aligning with rising investor demand in the sector.
Mobile TeleSystems (MBT) reported a robust performance in Q2 2021, with Consolidated Group Revenue up 10.6% year-over-year to RUB 128.6 billion. The Group Adjusted OIBDA also increased by 10.2% to RUB 57.2 billion. Notably, Net Profit rose 46.5% to RUB 17.2 billion, driven significantly by MTS Bank, which saw net interest income grow 22.1% and net fee income surge 123.6%. The company revised its full-year guidance upward, anticipating high-single-digit revenue growth and at least 5% growth in OIBDA.
Mobile TeleSystems (MBT) reported a 5.5% year-over-year increase in consolidated group revenue for Q1 2021, reaching RUB 123.9 billion. Adjusted OIBDA also rose 6.7% to RUB 55.4 billion. Key growth drivers included handset sales, core telecom, financial services, and digital solutions. MTS Bank saw significant growth, with net interest income up 14.2% and net commission income up 39.1%. Media services experienced a dramatic user increase of 189%. The company reaffirmed its full-year guidance of at least 4% growth in both revenue and OIBDA, alongside targeted cash CAPEX of RUB 100-110 billion.
Mobile TeleSystems (MBT) reported a 5.2% increase in consolidated revenue for FY2020, totaling RUB 494.9 billion. The Group's adjusted OIBDA rose by 1.7% to RUB 215.2 billion, while net profit surged 13.2% to RUB 61.4 billion. Notably, Q4 saw mobile service revenue growth of 6.4% year-over-year. Additionally, MTS's digital ecosystem grew, with pay-TV users increasing 44% to 6.6 million. The company projects at least 4% growth in both revenue and OIBDA for 2021, with cash CAPEX estimated at RUB 100-110 billion.
Mobile TeleSystems PJSC (NYSE:MBT) reported solid results for Q3 2020, achieving revenue growth of 4.9% year-over-year, totaling 129.0 billion rubles. Adjusted OIBDA increased by 3.3% to 58.5 billion rubles. The performance was driven by growth in Fintech, Media, and Cloud services, which contributed significantly to the top-line expansion. Despite challenges from COVID-19, MTS Bank returned to profitability. The company has upgraded its full-year guidance for revenue growth to at least 3% and adjusted OIBDA growth to flat to 2%.
Mobile TeleSystems PJSC (NYSE:MBT) reported Q2 2020 results with revenue of RUB 117.7 billion, marking a 1.3% increase from RUB 116.2 billion in Q2 2019. Adjusted OIBDA grew 0.6% to RUB 51.6 billion. Key contributors included MTS Bank and core connectivity services, despite COVID-19 challenges affecting roaming and banking. The company reaffirms its full-year guidance for revenue growth between flat to 3% and OIBDA decline between -2% to flat. Cash CAPEX projected at RUB 90 billion for 2020.
