According to the company, share of the operator in the market of Uzbekistan grew from 1% in 2014 to 5.4% in 2015.

The revenue rose by 1.5 times in the fourth quarter compared to the third quarter of 2015 – to 82.4 billion soums (international financial reporting standards) and net loss – 20.7 billion soums against loss in 28.6 billion soums in the third quarter of 2015.

In 2015, the revenue of UMS made up 193.517 billion soums against 4.547 billion soums in 2014.

Operating income before depreciation and amortization (OIBDA) made up minus 63.944 billion soums in 2015 against 4.547 billion soums in 2014. MTS forecasts that UMS will record positive OIBDA in 2016.

Average monthly minutes of usage per subscriber (MOU) made up 501 minutes in 2015 against 445 minutes in 2014.

Average bill for a mobile subscriber per month (ARPU) reached 24,717 soums (27,101 soums in the fourth quarter of 2015).

As reported earlier, UMS started to render mobile communication services across Uzbekistan from 1 December 2014.

MTS (50.01%) and Center for Radio Communication, Broadcasting and Television (CRBT) (49.9%) are founders of the venture.

The joint venture will operate on the basis of assets, equipment and infrastructure, which were previously owned by Uzdunrobita FE LLC, a former subsidiary of MTS in Uzbekistan, and which will be transferred to this newly established joint venture.

According to MTS, Universal Mobile Systems LLC received 2G/3G/LTE licenses, a frequency range, a numbering capacity and other permits for operation, as well as investment guarantees under Uzbek legislation.

MTS Uzbekistan worked in Uzbekistan till the summer 2012. In 2012, Uzbek Communication Agency suspended its licenses and later the court abolished its licenses.