MTS posts 3Q profit

Associated Press |

MOSCOW (AP) _ Mobile TeleSystems OAO (MBT) on Tuesday reported third-quarter earnings of $304.8 million.

The Moscow-based company said it had profit of 31 cents per share.

The telecommunications company posted revenue of $1.95 billion in the period.

MTS shares have increased 22 percent since the beginning of the year. The stock has climbed 52 percent in the last 12 months.

This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on MBT at

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