Business Model

Financial highlights2019 IFRS consolidated financial statements. Financial performance is fully detailed in the annual report.

Revenue growth is driven by steady growth in the core telecoms market and betting on adjacencies – financial services, system integration solutions, software sales, etc. Strong performance gains were partially offset by a slight decrease in revenue from sales of handsets and accessories

OIBDA 210.3 RUB billion
Net profit 54.2 RUB billion
Revenue breakdown, RUB billion

Stakeholder value creationMetrics selected based on stakeholder surveys.


Mobile penetration rate in Russia 170%


Total procurement spend in Russia 107.97 RUB billion


Dividend per share 28.66 RUB Total dividends paid 57.32 RUB billion


Total expenditures for charitable and social projects 0.86 RUB billion


Tax payments (income tax) 15.75 RUB billion Headcount at end-2019
Revenue breakdown


Average salary per employee 603.66 thousand per year Average number of training hours provided to employees during the year 15.34 man-hours


Reduction in ferrous and base metal waste generation 79.78% Reduction in paper consumption 19.52%