MTS intends to reduce CAPEX by at least 10-15%

MTS aims to reduce capital expenditures in 2025 by at least 10-15% compared to 2024, the company's CFO Alexey Katunin said at a teleconference for investors and analysts. In 2024, MTS' CAPEX grew 19% to ₽132.4 billion due to intensive equipment purchases, product investments and team development. In late 2024 and early 2025, the company made great efforts to optimize and prioritize its project portfolio, Katunin said.