Mobile TeleSystems Third-Quarter Net Falls 25% to $362 Million

OAO Mobile TeleSystems, Russia’s largest mobile-operator, said net income fell 25 percent in the third quarter to $362 million from the same period last year.

Revenue gained 13 percent to $3.27 billion in the period, Moscow-based MTS, as the company is also known, said in a statement today.

To contact the reporter on this story: Ekaterina Shatalova in Moscow at

To contact the editor responsible for this story: Brad Cook at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.