Mobile TeleSystems OJSC Stock News

(PR-inside.com) Q3 2021 Consolidated Group Revenue increased 8.4% year-over-year to reach RUB 138.2 bn. Q3 2021 Group OIBDA increased 4.2% year-over-year to RUB 61.3 bn. 2021 Full-Year OIBDA Guidance was revised to growth of at least 6%, while revenue guidance was reaffirmed at high-single-digit growth, and Cash CAPEX guidance was narrowed to approximately RUB 110 bn from previously a range of approximately RUB 100-110 bn. MOSCOW, RUSSIA / ACCESSWIRE / November 17, 2021 / Mobile TeleSystems Public Joint Stock Company ("MTS" or "the Company") (NYSE:MBT; MOEX:MTSS), Russia''s largest mobile operator and a leading provider of media and digital services, announces its third-quarter 2021 financial ..

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MTS (MBT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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MBT usually trades close to its Moscow quote. However, this has changed in the last few days.

Telecom stocks including, T stock and VZ stock, are getting left behind as competition, massive capital costs and missteps take their toll. The post 7 Telecom Stocks Getting Left Behind appeared first

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