ACRA affirms MTS credit rating at AAA(RU) with stable outlook

Moscow, Russia – PJSC MTS (MOEX: MTSS, MTS or the Company), a digital ecosystem, announces that its credit rating has been affirmed by the rating agency ACRA at a level of AAA(RU) with a stable outlook.
 
ACRA has continued to rate the Company’s operational profile very highly. In its assessment of MTS’s market position, the agency considered the Company to be a leader in a highly concentrated market.
 
MTS’s strong, consistent strategy, which involves an ecosystem-based approach to developing multiple business segments based on a robust telecommunications business, enables MTS to maintain its leading market positions and demonstrate stable revenue growth, particularly from its ecosystem. Along with MTS’s strategy, ACRA also assessed the Company’s management structure and financial transparency very highly. Regarding its size and branching formation, the Group’s structure is rated at a medium level.
 
The Company’s liquidity remains very high due to its diversified funding sources and substantial, accessible credit lines.
 
“MTS has once again confirmed its status as one of the most reliable borrowers among Russia’s largest companies. The Company strictly adheres to the principle of transparency in disclosing its financial results, communicating with investors and creditors, and continues to attract increasing market interest in its debt instruments. In November 2025, the reliability of the Company’s loan portfolio was affirmed by Expert RA, and now the Company’s operational profile has been highly rated by another leading rating agency, ACRA,” said Alexander Smirnov, Director of the Corporate Finance and Treasury Department at MTS.
 
The full text of ACRA’s rating statement for MTS is available online.
 

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For further information, please contact in Moscow:
Investor Relations Department
Mobile TeleSystems Public Joint Stock Company
Tel: +7 495 223 2025
E-mail: ir@mts.ru

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Mobile TeleSystems Public Joint Stock Company (“MTS” – MOEX: MTSS) is Russia’s ecosystem providing network-native digital services and largest mobile operator. The company offers a full range of solutions for consumers and business customers across wireless and wireline connectivity; over-the-top, linear, and satellite television; digital-first banking and financial services; as well as unified communications, cloud computing and IoT. There are more than 88 million mobile subscribers using MTS services across the company’s operations in Russia and Belarus, including more than 83 million subscribers in Russia alone. In addition, MTS has a nationwide network of more than 3,800 owned and franchised retail outlets in Russia, and provides nearly 11.1 million clients with broadband, TV, and/or fixed-line telephone connectivity, over 15 million users – with OTT and pay TV services. The number of ecosystem clients exceeds 18.0 million. MTS’s shares are listed on the Moscow Exchange under the ticker MTSS. For more information, please visit the company’s Investor Relations website at ir.mts.ru.
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