MBT - Mobile TeleSystems: Moderately Positive Q2 Results But Still No Details On Listing Strategy
Mobile TeleSystems (or MTS) (MBT) presented another set of financial results, demonstrating gradual revenue growth in its key telecom business and decent growth in other areas within the company's services ecosystem. The management is in no rush to provide the company's renewed listing strategy and this comes at a price - some institutional investors sold their entire stake in the company. Nonetheless, investors still can benefit from potential delisting and get the stock with more than 10% dividend yield at a bargain price, making the stock a compelling dividend play.
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