MTS continues to demonstrate the sustainability of its business, while the Group’s revenue keeps growing at double-digit rates. Our business areas show steady growth, the number of ecosystem customers in 2023 exceeded 15 million people.

Among mature businesses of the ecosystem, the FinTech vertical makes a significant contribution to revenue growth. Over the year, the retail loan portfolio grew by 33% to RUB 339 billion, the net income increased to a record level and reached RUB 12.5 billion. Within the framework of its strategy, MTS FinTech is developing as one of the key drivers of the ecosystem along with creating the best digital services in the retail market of financial services. At the same time, we are developing the area as an independent and investment-attractive business that complies with the best corporate governance practices.

The B2B area demonstrates excellent results: we remain the leaders of the B2B market in Russia and keep steadily growing by 17% year on year due to the Internet of Things, intelligent communication systems and communication services under the brand names of MTS Link and MTS Exolve. We have completed the first tests of our own base station in real conditions; by the end of 2024, the first hundred of such stations will already begin operating on the basis of our network.

 The synergy of all business areas and continued investment in the development of both core and new businesses allow us to feel confident about the future and keep on improving the quality of ecosystem services for tens of millions of our customers.

President of MTS