MTS reported their Q1 2011 results this morning and they now have a total of 483,722 wireless subscribers (up 5.3% from last year). On March 31st MTS launched their new “4G” network that offered customers faster speeds and newer devices such as the BlackBerry Bold 9780 and the iPhone 4. In addition, MTS reported that their Average Revenue Per User (ARPU) in Q1 was $56.73 (increase of 3.6%) because of data revenue. MTS wireless revenues for the quarter was $84 million (up 9.7% from last year).
Source: MTS
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