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Tuesday, May 18, 2021

Mobile operator MTS bets on digital services as quarterly profit slips

MTS, part of conglomerate Sistema, said that when adjusted for derivative operations used to mitigate currency risk, net profit was almost 20% higher in year-on-year terms. Revenue rose by 5.5% year-on-year to 123.9 billion roubles.

from industry - Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3ox5ROm

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