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MBT Mobile TeleSystems Public Joint Stock Company

5.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mobile TeleSystems Public Joint Stock Company NYSE:MBT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.50 0 01:00:00

Mobile TeleSystems to Up Dividend Payments in 2014-15 -CFO

04/02/2014 12:01pm

Dow Jones News


Mobile TeleSystems Publi... (NYSE:MBT)
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MOSCOW--Russia's No. 1 telecommunications company Mobile TeleSystems (MBT) will make dividend payments in 2014 and 2015 exceeding a total of 90 billion rubles ($2.6 billion), Alexei Kornya, the company's chief financial officer, said Tuesday while presenting the company's strategy for this year and next.

The dividend will be increased from RUB41 billion in 2013 due to healthy cash-flow numbers, Mr. Kornya said.

The company is planning to achieve those results with the help of a stable macroeconomic situation, the company said in a statement.

Write to Olga Razumovskaya at olga.razumovskaya@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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