MGTS on Moscow Exchange

Moscow City Telephone Network

Logo: МГТС, Public domain, via Wikimedia Commons3

Telephone company

The Moscow City Telephone Network (MCTN; Russian: Московская городская телефонная сеть, romanized: Moskovskaja Gorodskaja Telefonnaja Set' (MGTS)) is a public joint-stock company providing local telephone and internet service to over 4,000,000 subscribers in the city of Moscow, Russia. Its Latin acronym is MGTS.2 It employed 5,000 people.1 Its revenue was ₽42.6 billion in 2022.1 It is part of Mobile TeleSystems.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1882Founded1
  • TickerMGTS on Moscow Exchange1
  • Industrytelecommunications, telecommunications industry1
  • HeadquartersMoscow1
  • Websitewww.mgts.ru
  • Legal formopen joint-stock company, public company1

The Moscow City Telephone Network (MCTN; Russian: Московская городская телефонная сеть, romanized: Moskovskaja Gorodskaja Telefonnaja Set' (MGTS)) is a public joint-stock company providing local telephone and internet service to over 4,000,000 subscribers in the city of Moscow, Russia. Its Latin acronym is MGTS.2

Corporate structure

Moscow City Telephone Network is part of a group headed by Sistema. 30 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Sistema Москва, Russia
    • Mobile TeleSystems 31.06% · Москва, Russia
      • Moscow City Telephone Network Moscow
      • UMS Subsidiary · 50.01% · Tashkent
      • MTS Belarus Subsidiary · Belarus
      • MTS Turkmenistan Subsidiary · Ashgabat
      • MTS Web Services Subsidiary · Moscow, Russia
      • Multiregional TransitTelecom Subsidiary · Moscow, Russia
      • NVision Group Subsidiary · Moscow, Russia
      • Vodafone Ukraine Subsidiary · Kyiv
      • Dega Retail Holding Limited Subsidiary · 100% · Москва, Russia
      • Акционерное общество УК "Доверительная" Subsidiary · 100% · Москва, Russia
      • Общество с ограниченной ответственностью "Бастион" Subsidiary · 100% · Москва, Russia
      • Baggio Holding Subsidiary
    • Intourist Subsidiary · 50% · Moscow
    • East-West United Bank Subsidiary · Luxembourg, Luxembourg
    • Medsi Subsidiary · Moscow, Russia
    • MTS India Subsidiary · New Delhi
    • Scientific Research Institute of Precision Mechanical Engineering Subsidiary
    • Sitronics Subsidiary · Moscow
    • OBSHCHESTVO S OGRANICHENNOY OTVETSTVENNOST'YU "SISTEMA TELEKOM AKTIVY" Subsidiary · 100% · Москва, Russia
    • Акционерное общество "Система Финанс" Subsidiary · 100% · Москва, Russia
    • Публичное акционерное общество "МТС-Банк" Subsidiary · 31.05% · Москва, Russia
    • SISTEMA ASIA FUND PTE. LTD. Subsidiary · Singapore, Singapore
    • STEPPE TRADING SA Subsidiary · Lausanne, Switzerland

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Founded in 1882, the Bell Telephone Company built a manually operated exchange with a capacity of 800 numbers and 26 households signed up. In two years the roll had increased to 3,000. In 1891 the Swedish-Danish-Russian Joint Stock Company signed a contract to provide service to Moscow for 18 years. In 1994 the Moscow City Telephone Network was structured into a joint stock company. A majority stake is held by Mobile TeleSystems.

In November 2013 it was reported that the company chose four suppliers of main and distribution of fiber optic cables for the development of optical fiber cables network until 2016 volume of purchases made more than 1 billion rubles. Earlier that month the company announced rebranding and new positioning of the company as a multi-service operator, to create a single digital platform of Moscow. In 2014 the operator will complete the construction of a dagital technology platform based on fiber networks to buildings (FTTx) and will provide all users access to a package of services, including broadband Internet access (broadband), digital TV, and telephony. By late 2013 The company has built about 25 thousand kilometers connecting 650,000 households in Moscow.

In January 2014 it was reported that the Moscow Government plans to revoke MGTS monopoly on public telephones, which the company had since 1994, and to select a new operator that will add completely new device features, such as parking fees payment option.

In May 2021 MTS President Vyacheslav Nikolaev announced MGTS slit-off, as well as other telecom, IT, and cloud-focused companies to MTS Web Services legal entity by the end of the year 2021.

In August 2021 Albert Gilmanov, MGTS ex-COO and member of the board of directors, was appointed MGTS CEO with a three-year contract in place of Vladislav Medvedev, who previously headed MGTS from November 2019 and will continue his MGTS challenge as CTO.

From Wikipedia’s article on Moscow City Telephone Network, shared under CC BY-SA 4.0.4

Products and brands

  • mobile telephony

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

Owners

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Moscow City Telephone Network revenue by year142.6B RUB in 2022+4% since 2021
020.0B RUB40.0B RUB60.0B RUB2021: 41.1B RUB41.1B RUB20212022: 42.6B RUB42.6B RUB2022+4%
  • 202242.6B RUB1
  • 202141.1B RUB1

Net income

Moscow City Telephone Network net income by year116.5B RUB in 2022+9% since 2021
05.0B RUB10.0B RUB15.0B RUB20.0B RUB2021: 15.2B RUB15.2B RUB20212022: 16.5B RUB16.5B RUB2022+9%
  • 202216.5B RUB1
  • 202115.2B RUB1

Timeline

  1. 1882Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4