MOSCOW, Russia - MTS (NYSE: MBT, MOEX: MTSS), Russia's leading mobile operator and a provider of media and digital services, announces a strategic partnership with Spotify, the world's most popular music streaming subscription service, as well as the launch of an exclusive offer for MTS subscribers of six free months of Spotify Premium.

Spotify Premium enables users to listen to music ad-free both on- and off-line, while also providing hi-fi audio quality and an unlimited music discovery experience. Under the new offer, MTS users who become new Spotify subscribers will be eligible for a free six-month trial. Following the end of the free trial period, users can continue using the service by paying RUB 169 per month via a direct charge to their mobile account.

'This strategic partnership with the world's most popular music subscription service is yet another step forward as we develop our entertainment services and build out the broader MTS digital ecosystem. Music, podcasts, and audiobooks are already essential services for millions of Russian consumers. Teaming up with Spotify will strengthen MTS's leadership in the market, and give our customers the first opportunity in Russia to try out this exclusive offer,' said Vyacheslav Nikolaev, First Vice President for Customer Experience, Marketing and Ecosystem Development.

'We strive to work with strong partners around the world so our users get a first-class experience and listen to their favorite music anytime and on any device,' said Ilya Alekseev, Managing Director of Spotify in Russia. 'Our first partnership in the Russian market provides an opportunity for 78 million MTS subscribers to get premium access to Spotify's music library, which features more than 60 million tracks and 4 billion playlists, as well as personalized recommendations for new music every day.'

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For further information, please contact in Moscow:

Investor Relations Department
Mobile TeleSystems PJSC
Tel: +7 495 223 2025
E-mail: ir@mts.ru
Learn more about MTS. Visit the official blog of the Investor Relations Department at www.ir.mts.ru/ir-blog

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Mobile TeleSystems PJSC ('MTS' - NYSE:MBT; MOEX:MTSS), the leading telecommunications group in Russia and the CIS, provides a range of mobile, fixed-line and digital services. We serve over 100 million mobile subscribers in Russia, Ukraine, Armenia, and Belarus, and about 9 million customers of fixed-line services, including fixed voice, broadband internet, and pay-TV. To keep pace with evolving customer demand, MTS is redefining what telecommunications services are by offering innovative products beyond its core network-related businesses in various tech segments, including Big Data, financial and banking services, internet of things, OTT, cloud computing, systems integration and e-commerce. We leverage our market-leading retail network as a platform for customer services and sales of devices and accessories. MTS maintains its leadership in the Russian mobile market in terms of revenue and profitability. MTS is majority-owned by Sistema PJSFC. Since 2000, MTS shares have been listed on the New York Stock Exchange and since 2003 - on the Moscow Exchange. For more information, please visit: www.ir.mts.ru.

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Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward looking statements by terms such as 'expect,' 'believe,' 'anticipate,' 'estimate,' 'intend,' 'will,' 'could,' 'may' or 'might,' and the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not undertake or intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission, specifically the Company's most recent Form 20-F. These documents contain and identify important factors, including those contained in the section captioned 'Risk Factors' that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, the severity and duration of current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; the impact of Russian, U.S. and other foreign government programs to restore liquidity and stimulate national and global economies, our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so, strategic actions, including acquisitions and dispositions and our success in integrating acquired businesses, potential fluctuations in quarterly results, our competitive environment, dependence on new service development and tariff structures, rapid technological and market change, acquisition strategy, risks associated with telecommunications infrastructure, governmental regulation of the telecommunications industries and other risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject to risks.

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MTS - Mobile TeleSystems OJSC published this content on 12 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2020 09:17:13 UTC