Mobile Telesystems (or MTS) (MBT) made it through the second quarter with barely noticeable losses. In the foreground, key financials look more or less good compared to 2019, though in the background, a negative trend of declining user base persists. Nonetheless, the slow deterioration of the main segment (mobile) is compensated by growth in other segments.
I can't say it's a good idea to buy the stock at current prices, as there's no margin of safety investors could enjoy earlier. I continue to view MTS as a conservative dividend stock for investors who