Industry Updates

'SAMENA Daily' - News

OTT growth for Russia’s MTS

The Russian operator MTS ended the first quarter with 7.2 million OTT media subscribers.

This, according to the company, was 52.1% more than in the same period last year. Meanwhile, MTS’s pay-TV subscriber total (satellite, cable, IPTV and OTT) increased by 28.7% over the same period to 11.6 million.

MTS had revenues of R139.6 billion (€1.6 billion) in Q1, up 5.8% on a year earlier. Its adjusted OIBDA was R57.7 billion (+2.4%) and profit R12.7 billion (+229.3%).

Broadband TV News notes that MTS is Russia’s leading mobile operator, with around 80 million subscribers.



Source: https://www.broadbandtvnews.com/2023/05/22/ott-growth-for-russias-mts/

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