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MTS gains TV and FTTH subs

November 20, 2019 08.31 Europe/London By Chris Dziadul

Russia’s MTS ended the third quarter with 2,971,000 residential subscribers to its TV services, or 118,000 more than a year earlier, in its home market.

Meanwhile, the number of residential internet customers, also in the company’s fixed-line business, grew by 191,000 to 3,373,000 over the same period.

At the same time, the number of MGTS (GPON) FTTH subscribers stood at 2,043,000 at the end of September, up from 1,915,000 a year earlier.

This, the company notes in its latest results, was the first time the total had exceeded 2 million.

All told, MTS’s B2C broadband market share in Moscow grew to 41.5% and its pay-TV market share to 44.8% at the end of Q3.

MTS Group as a whole had revenues of R133.9 billion (€1.89 billion) in Q3, up 4.6% on a year earlier.

Of these, Russia accounted for R121.9 billion (+2.4% y-o-y) of the total.

The group’s OIBDA was R62.8 billion (+5.9%) and net profit R18.4 billion, compared to a loss of R37 billion in Q3 2018.

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Filed Under: Central & East Europe, Newsline Tagged With: MTS, Russia Edited: 20 November 2019 08:40

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