Mobile TeleSystems: MTS publishes IFRS financial statements for fiscal year 2022

MOSCOW, Russia – Mobile TeleSystems Public Joint Stock Company (“MTS” or “the Company”) (MOEX: MTSS), a leading provider of digital and media services and Russia’s largest mobile operator, announces that it reports its audited consolidated financial statements under International has Financial Reporting Standards (IFRS) for the twelve months ended December 31, 2022. The document can be found on the company’s Investor Relations website at:

MTS IR / Financial Results

* * *
Mobile TeleSystems Public Joint Stock Company (“MTS” – MOEX: MTSS) is Russia’s largest mobile operator and a leading provider of on-network digital services. The company offers a full range of solutions for residential and business customers via wireless and wired connectivity; over-the-top, linear and satellite television; digital-first banking and financial services; as well as unified communications, cloud computing and IoT. At the company’s operations in Russia, Armenia and Belarus, more than 88 million mobile subscribers use MTS services, including around 80 million subscribers in Russia alone. In addition, MTS has a nationwide network of more than 5,400 owned and franchised retail stores in Russia, serving nearly 10 million customers with broadband, TV and/or landline telephone connections, and over 10 million users – with OTT and pay-TV services. The number of ecosystem customers exceeds 12 million and the customer base of MTS Bank is over 3 million. MTS is majority owned by Sistema PJSFC, a listed Russian investment company. MTS shares are listed on the Moscow Stock Exchange under the ticker MTSS. For more information, please visit the company’s Investor Relations website at ir.mts.ru.
* * *
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or future financial performance of MTS as defined in the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. You may identify forward-looking statements by using words such as “expect,” “believe,” “anticipate,” “estimate,” “intend,” “will,” “could,” “might” or “could” and the negative of such or other words similar expressions. We wish to caution you that these statements are only predictions and actual events or results may differ materially. We do not undertake and do not intend to update these statements to reflect events and circumstances after the date of this release or to reflect the occurrence of unanticipated events. We refer you from time to time to MTS filings with the US 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 “Risk Factors” section, that could cause actual results to differ materially from those contained in our projections or forward-looking statements, including, without limitation, the severity and duration of current economic and financial events Conditions, including the ongoing geopolitical situation related to the conflict in Ukraine, the expansion of sanctions imposed on the Russian Federation by the United States, the European Union and the United Kingdom, volatility in interest and exchange rates (including fluctuations in the value of the Russian ruble against the US dollar and the euro), commodity and stock prices and the value of financial assets; the impact of Russian, US and other foreign government programs to restore liquidity and stimulate the national and global economy, our ability to maintain our current credit rating and the impact on our cost of financing and competitive position if we fail to do so, strategic actions, including acquisitions and divestitures and our success in integrating acquired businesses, potential volatility in quarterly results, our competitive environment, dependence on new service developments and tariff structures, rapid technological and market changes, acquisition strategy, risks associated with telecommunications infrastructure, government regulation of the telecommunications industries and other risks related to operations in Russia and CIS, stock price volatility, financial risk management and future growth, the risks involved eg.

READ :  5 things to watch at the Senior Bowl | Daily brew

* * *