Mobile TeleSystems to Up Dividend Payments in 2014-15 -CFO
February 04 2014 - 7:01AM
Dow Jones News
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
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