MTS ' IFRS net profit for the first 9 months of 2023 was ₽49.405 billion, an increase of 26% compared to ₽39.195 billion in the previous year. Revenue increased 17% to ₽512.566 billion from ₽438.024 billion a year earlier.

MTS launched production of 5G/LTE stations supporting n79, b3 and b20 frequencies. By 2026, the company intends to master the production of stations with the n28 frequency. Company also plans to produce equipment for operation in the n78 band for export to friendly countries.

FAS has issued a prescription to MTS following a review of the antimonopoly case. Company is obliged to transfer to the budget ₽3 billion of illegally obtained income, which was received as a result of economically unjustified tariff increases in April and May 2024. This is the first time this measure has been used for such an offense.

MTS acquired 25.75% of MTS Smart Home LLC, consolidating 100% of the company. Seller of the stake was Veniamin Pisman. He entered the capital of MTS Smart Home LLC in May 2023, when MTS bought out Gulfstream Security Systems JSC, on the basis of which the telecom operator was going to develop the Smart Home business line.