MTS Group, also known as Mobile TeleSystems Public Joint Stock Company, is a publicly owned company headquartered in Russia. Founded in 1993, the company employs approximately 9,600 individuals and reported $7.6B in revenue as of 2024. Functioning primarily in telecoms, the company operates as a telecommunications group across Russia, Eastern Europe, and Central Asia. It offers mobile and fixed voice, broadband, pay TV, and content and entertainment services. The group serves mobile subscribers in Russia, Ukraine, Uzbekistan, Turkmenistan, Armenia, and Belarus.
On April 27, 2026, Russian operator MTS expanded its QR code mobile payment services to Cambodia's national payment system, KHQR. This integration allows customers using the My MTS app on iOS and Android devices to make payments with cards from any Russian bank, provided they have a mobile number from a Russian operator. Previously, on April 15, MTS Exolve, a wholly-owned subsidiary of MTS PJSC and a developer of digital business services, provided communication solutions to Our Dom PRO company.
MTS Group offers 7 products in the media and telecoms services industry. MTS Group's product portfolio comprises of telecoms, media and TV services and broadcast television and radio.
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MTS Group's revenues were $7.6B in 2024. Caretta Research has split MTS Group's revenue into 7 different product categories, the largest of which is mobile services, which represents 30% of MTS Group's revenue.
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