MTS

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MTS is a Russian telecommunications company with operations in IT services and retail, operating over 4,200 stores through its subsidiary RTK. The company reported strong financial performance in Q1 2026, with a 46.4% year-on-year increase in net profit to 7.2 billion rubles and a 14.7% rise in consolidated revenue to 201.3 billion rubles. MTS has undergone infrastructure restructuring by selling a majority stake in its tower subsidiary BIC while retaining control, with the aim of excluding BIC's historical debt from its consolidated financial statements. The company’s stock is subject to div…

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