Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
May 02 2023 - 6:20AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report
of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities
Exchange Act of 1934
For the month of May, 2023
Commission File Number: 001-15094
Mobile TeleSystems Public Joint Stock Company
(Translation of registrant’s name into English)
4, Marksistskaya Street
Moscow 109147
Russian Federation
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form
20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
MTS Completes
Acquisition of Local Fixed-line Internet Providers From Zelenaya Tochka Group
May 2, 2023
MOSCOW,
Russia – Mobile TeleSystems Public Joint Stock Company (“MTS” or “the Company”) (MOEX: MTSS), a digital
ecosystem, leading provider of digital and media services and Russia’s largest mobile operator, announces the completion of the
third and final stage of its acquisition of Zelenaya Tochka Group’s assets. By exercising its option, MTS bought out the remaining
49% stake in six local fixed-line Internet providers in Belgorod, Lipetsk, Ufa, Neftekamsk, Beloretsk, Tomsk and Vladivostok.
In
February 2020, as part of the first stage of the transaction, MTS acquired a 51% stake in all 13 of Zelenaya Tochka Group’s fixed-line
operators in 12 cities across Russia. In April 2021, during the second stage, MTS bought the remaining 49% stake in seven Zelenaya Tochka
Group fixed-line operators. Now, with the completion of the last stage of the deal, MTS has got full ownership of all 13 of Zelenaya Tochka
Group’s regional assets.
* * *
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
* * *
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,
Armenia, and Belarus, including around 80 million subscribers in Russia alone. In addition, MTS has a nationwide network of around 5,400
owned and franchised retail outlets in Russia, and provides nearly 10 million clients with broadband, TV, and/or fixed-line telephone
connectivity, over 11 million users – with OTT and pay TV services. The number of ecosystem clients exceeds 13,5 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.
* * *
Some of the information in
this press release may contain projections or other forward-looking statements regarding future events or the future financial
performance of MTS, as defined in the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can
identify forward looking statements by terms such as “expect,” “believe,” “anticipate,”
“estimate,” “intend,” “will,” “could,” “may” or “might,” and
the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that
actual events or results may differ materially. We do not undertake or intend to update these statements to reflect events and
circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. We refer you to the documents
MTS files from time to time with the U.S. Securities and Exchange Commission, specifically the Company’s most recent Form
20-F. These documents contain and identify important factors, including those contained in the section captioned “Risk
Factors” that could cause the actual results to differ materially from those contained in our projections or forward-looking
statements, including, among others, the severity and duration of current economic and financial conditions, including the ongoing
geopolitical situation relating to the conflict in Ukraine, the expansion of sanctions imposed on the Russian Federation by the
United States, European Union and United Kingdom, volatility in interest and exchange rates (including fluctuations of the value of
the Russian ruble against the U.S. dollar and the Euro), commodity and equity prices and the value of financial assets; the impact
of Russian, U.S. and other foreign government programs to restore liquidity and stimulate national and global economies, our ability
to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so, strategic
actions, including acquisitions and dispositions and our success in integrating acquired businesses, potential fluctuations in
quarterly results, our competitive environment, dependence on new service development and tariff structures, rapid technological and
market change, acquisition strategy, risks associated with telecommunications infrastructure, governmental regulation of the
telecommunications industries and other risks associated with operating in Russia and the CIS, volatility of stock price, financial
risk management and future growth subject to risks.
* * *
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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MOBILE
TELESYSTEMS PUBLIC JOINT STOCK COMPANY |
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By: |
/s/
Vyacheslav Nikolaev |
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Name: |
Vyacheslav
Nikolaev |
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Title: |
CEO |
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Date:
May 2, 2023 |
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