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MTS CITED AS FASTEST GROWING INTERNET PROVIDER IN RUSSIA

Tuesday, February 16, 2016

Vedomosti reports today that according to a report by TMT Consulting, MTS was the fastest growing Internet provider in Russia in 2015. The report suggests that MTS increased its customer base of high-speed internet users by 7% year-over-year to 2.8 mln customers. Overall in Russia, the number of customers connected to high-speed internet rose 3.6% versus 5% in 2014.

Key drivers for MTS’s market-leading growth include the modernization of its regional networks, which allowed MTS to expand its base by upselling its customers, many of whom use analogue pay-TV solutions, FTTB (Fiber-to-the-Building) high-speed internet solutions. In 2015, MTS also completed its GPON project in Moscow, which allows its subsidiary, MGTS, to offer speeds of up to 1 GB/s to its customers.

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