MBT - Mobile TeleSystems: 5G To Solidify Market Leadership

• In our previous analysis, we highlighted the Russian telecom leader’s market leadership and vertical segments as growth drivers.
• We believe 5G will solidify its market leadership noting the company’s efforts to commercialize 5G with partnerships with major telecom equipment providers.
• The joint venture between MTS and the largest operators highlights the increasing barrier of entry of the industry and concentration of market power among the industry.
• Further, 5G can provide unique benefit to MTS to scale and advance its ecosystem of services across B2B cloud, fintech and media as key growth drivers of the company.

For further details see: