Mobile TeleSystems (MTS) BOD is going to affirm the strategy till 2016 at the sitting Sep. 26, the company informed.
Besides, the execution of the IH 2013 budget and CAPEX program should be discussed along with the participation in other companies.
The Company (TIN 7740000076) together with the subs provides services to 91mln users in Russia, Armenia, Belorussia, Uzbekistan, Turkmenistan.
The share capital is equal to 206.641mln rub. split in 2066413562 common stocks of 0.1 rub. par. The working interest (50.8%) is held by Sistema AFK; 49.2% being under free circulation; 3-level ADRs (37.62%) traded on NYSE.
The IVQ 2012 consolidated net profit moved up 39.1% (US GAAP) to $547.3mln from $393.5mln prior year period. The consolidated revenues increased 6.2% to come to $3.168bn from $2.982bn. The revenues in Russia rose 10.5% to 88.187bn rub.; Ukraine - 3.7% to 2.397bn hryvna. The corrected OIBDA climbed up 1% to $1.288bn from $1.276bn; corrected OIBDA margin being down to 40.7% from 42.8%.
The IQ 2013 declined 3.1 fold to 7.379bn rub. from 22.916bn rub. prior year; revenues moved up 4.5% to 66.238bn rub. from 63.397bn rub.