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MarketScreener Homepage  >  Equities  >  Nyse  >  Mobile TeleSystems Public Joint Stock Company    MBT

MOBILE TELESYSTEMS PUBLIC JOINT STOCK COMPANY

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Mobile TeleSystems : MTS Launches Russia's First Pilot 5G Network for Consumers

03/05/2021 | 05:21am EDT

Today, MTS is happy to announce the launch of Russia's first multi-location pilot 5G network for end consumers. The new network covers 14 highly-trafficked public spaces in Moscow and will provide 5G connectivity at speeds of up to 1.5 Gbps to invited subscribers with compatible 5G smartphones. The limited launch is yet another milestone toward a broader 5G rollout in the longer term.

'MTS is proud to be reaffirming our technology leadership by launching Russia's first large-scale pilot 5G network, which will be available to thousands of our subscribers for everyday use. We will invite select users with compatible devices to join the pilot and experience the benefits of 5G first-hand - high-bandwidth, low-latency connectivity for next-generation applications such as UHD video, AR/VR, and cloud gaming,' said MTS President & CEO Alexey Kornya. 'At the same time, the pilot test will help our specialists monitor infrastructure performance and service quality under real-world usage.'

The new MTS network provides 5G coverage in many of Moscow's most famous parks and shopping areas, such as Gorky Park, Moscow State University, Nikolskaya Street, the VDNH Exhibition Center, and the Skolkovo Innovation Center. A map of the coverage will be available at www.5g.mts.ru/karta. Currently, the pilot is limited to certain smartphone models that support the n79 band in the 4.4-5.0 GHz frequency range. Subscribers are invited to participate on an individual basis by SMS.

Disclaimer

MTS - Mobile TeleSystems OJSC published this content on 05 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2021 10:20:07 UTC.


© Publicnow 2021
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Financials
Sales 2021 519 B 6 749 M 6 749 M
Net income 2021 64 666 M 840 M 840 M
Net Debt 2021 451 B 5 862 M 5 862 M
P/E ratio 2021 9,65x
Yield 2021 8,93%
Capitalization 544 B 7 172 M 7 070 M
EV / Sales 2021 1,92x
EV / Sales 2022 1,78x
Nbr of Employees -
Free-Float 32,6%
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Number of Analysts 13
Average target price 799,28 RUB
Last Close Price 630,45 RUB
Spread / Highest target 42,8%
Spread / Average Target 26,8%
Spread / Lowest Target 1,91%
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Managers and Directors
NameTitle
Vyacheslav Konstantinovich Nikolayev President & Chief Executive Officer
Andrey M. Kamenskiy Chief Financial Officer & Vice President
Felix Vladimirovich Evtushenkov Chairman
Dmitry Aleksandrovich Khomchenko Vice President-Information Technology
Regina von Flemming Independent Non-Executive Director
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