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Ralph Yirikian is leaving the company to focus on other business projects

June 15,2022 11:22

MOSCOW, Russia – Mobile TeleSystems Public Joint Stock Company (“MTS” or “the Company”) (NYSE: MBT; MOEX: MTSS), Russia’s largest mobile operator and a leading provider of media and digital services, announces that Armen Avetisian has been appointed by the Board of Directors of MTS Armenia, a wholly owned subsidiary of the Company operating in Armenia under the Viva-MTS brand, as the CEO of Viva-MTS. Previously, Mr. Avetisian was Vice President for the Internet of Things and Industrial Automation at MTS.

Mr. Avetisian started his career in the telecom and IT industry in 2004 and has led the commercial and technical departments at several large telecom and IT companies. He was Head of MTS’s branch in Krasnoyarsk from 2013 to 2016, and was MTS’s Director for Regional Development from 2016 to 2021.

He built the new Internet of Things business stream at MTS in the position of Vice President for the Internet of Things and Industrial Automation, which he held from March 2021 until his appointment as CEO. He graduated from the Banking Department at the Plekhanov Russian University of Economics.

Ralph Yirikian, the previous CEO of MTS Armenia, is leaving the company to focus on other business projects. He led MTS Armenia from its incorporation in 2004 to its position as the undisputed leader in the telecommunication sector in Armenia.

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For further information, please contact (in Moscow):

Investor Relations Department

Mobile TeleSystems Public Joint Stock Company

Tel: +7 495 223 2025

E-mail: [email protected]

 

Learn more about MTS. Visit the official blog of the Investor Relations Department at .

 

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Mobile TeleSystems Public Joint Stock Company (“MTS” – NYSE: MBT; MOEX: MTSS), Russia’s leading mobile connectivity and digital services provider, offers a range of mobile, fixed-line, and digital services. We serve over 80 million mobile subscribers in Russia, Armenia, and Belarus, and about 9 million customers in Russia of fixed-line services, including fixed voice, broadband internet, and pay TV. To keep pace with evolving customer demand, MTS is redefining what telecommunications services are by offering innovative products beyond its core network-related businesses in various tech segments, including big data, financial and banking services, internet of things, OTT, cloud computing, systems integration and e-commerce. We leverage our market-leading retail network as a platform for customer services and sales of devices and accessories. MTS maintains its leadership in the Russian mobile market in terms of revenue and profitability. MTS is majority-owned by Sistema PJSFC. Since 2000, MTS shares have been listed on the New York Stock Exchange and since 2003 on the Moscow Exchange. For more information, please visit: www.ir.mts.ru.

 

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