Mobile operator MTS said that its revenue in Russia rose 7.5% year-on-year in the first quarter of 2009 to 46.9 billion Russia roubles (1.51 billion US dollars) thanks to a 9% increase in subscribers. By contrast, in the Ukraine revenue fell 9% to 1.87 billion Ukrainian hryvna (245 million US dollars) as subscribers fell 9%.
Group capital spending rose 89% to 646 million US dollars as MTS aims to have HSPA-enabled networks launched in all regions of Russia and more than 40 cities in 2010.
MTS Russia's revenues from value-added services rose 22% to 8.47 billion roubles driven primarily by a 50% rise in data traffic revenue and a 30% rise in data content revenue. source: MTS presentation
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