Mobile TeleSystems PJSC 2007 AR2
The report highlights MTS's performance in 2007, during which the company implemented its '3+2' corporate strategy and expanded its subscriber base to 85.77 million across Russia and the CIS. Key achievements included entering the Armenian market through the acquisition of K-Telecom, increasing its stake in Uzbekistan's Uzdunrobita to 100%, and acquiring 3G frequencies in Russia, Uzbekistan, and Armenia. Financially, consolidated revenue grew by 29% to $8.25 billion, and net profit increased by 93% to $2.07 billion. On the social front, the company introduced a new employee incentive program, increased average wages by 14%, and trained over 23,000 employees.
Company: Mobile TeleSystems PJSC
Sector: Technology & telecommunications
Country: Russia
Year: 2007
Type: AR2
Pages: 97
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Mobile TeleSystems PJSC
Annual Report
The report highlights MTS's performance in 2007, during which the company implemented its '3+2' corporate strategy and expanded its subscriber base to 85.77 million across Russia and the CIS. Key achievements included entering the Armenian market through the acquisition of K-Telecom, increasing its stake in Uzbekistan's Uzdunrobita to 100%, and acquiring 3G frequencies in Russia, Uzbekistan, and Armenia. Financially, consolidated revenue grew by 29% to $8.25 billion, and net profit increased by 93% to $2.07 billion. On the social front, the company introduced a new employee incentive program, increased average wages by 14%, and trained over 23,000 employees.
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Document Details
Report Year
2007
Reporting Period
Jan 1, 2007 - Dec 31, 2007
Fiscal Year
2007
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees