MTS Group, also known as Mobile TeleSystems PJSC, is a publicly owned company headquartered in Russia. Founded in 1993 as a joint venture by the Moscow City Telephone Network, Deutsche Telekom, and Siemens, and operating with approximately 9,600 employees, the company reported $9.7B in revenue as of 2025. Functioning as a telecommunications company and digital ecosystem, MTS Group is a market provider under the majority control of the Russian conglomerate JSFC Sistema. Operating under the brand identity MTS, the enterprise is a mobile network operator in Russia and Belarus, serving a subscriber base that exceeds 87 million consumers.

2025 Revenue

Founded

1993

Headcount

60,388

Headquarters

Russia

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On September 17, 2026, MTS announced the development of its new Fog Play set-top box, which integrates a built-in AI voice assistant and provides access to cloud gaming services and apps from the RuStore marketplace, requiring an MTS ID for full feature access. Previously, on September 16, 2026, the company's management board approved a new dividend policy for 2027-2028, aiming to distribute business growth results more equitably among shareholders and enhance investment attractiveness. This followed an announcement on September 15, 2026, that MTS collaborated with Irteya, a Russian telecommunications equipment developer, to demonstrate a locally produced 5G base station operating on an active LTE network core and interoperating with other vendors' base stations on MTS's commercial network using Non-Standalone (NSA) architecture. Earlier, on September 7, 2026, MTS activated high-speed mobile internet service on the first section of the Rublyovo-Arkhangelskaya line of the Moscow Metro, covering the Shelepikha, Zvenigorodskaya, Narodnoe Opolchenie, and General Karbyshev Boulevard stations.

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MTS Group offers 10 products in the connectivity and cloud and media and telecoms services industries. MTS Group's product portfolio comprises of enterprise connectivity services, telecoms, consumer electronics, media and TV services and enterprise cloud.
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MTS Group's revenues were $9.7B in 2025. Caretta Research has split MTS Group's revenue into 10 different product categories, the largest of which is mobile services, which represents 39% of MTS Group's revenue.
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Examples of MTS Group's suppliers include Google, Vistance Networks and ZTE.

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