Latest MTS Stories

MTS Reports Operating Profit of $420,000; Operating Activities Generate $1.0 Million in Cash Flow in the First Quarter RA'ANANA, Israel, May 9, 2013 /PRNewswire/ -- MTS - Mer Telemanagement Solutions Ltd. (Nasdaq Capital Market: MTSL), a global provider of Mobile Virtual Network Enabler (MVNE), Mobile Money and telecommunications expense management (TEM) solutions and services, today announced its financial results for the first quarter of 2013. Revenues for the first quarter of...

WINNIPEG, April 15, 2013 /CNW/ - MTS Inc.'s Chief Negotiator shocked TEAM-IFPTE Local 161 (TEAM) by asking the Federal Government to appoint a Conciliation Officer, claiming that negotiations have reached an impasse.  Considering that we have resolved a number of issues and detailed monetary proposals have not yet been exchanged, it is preposterous to claim that we're at an impasse. Regardless of the Company prematurely applying for Government intervention in collective...

MOSCOW and AMSTERDAM, March 28, 2013 /PRNewswire/ -- Mobile TeleSystems OJSC ("MTS" - NYSE: MBT), the leading telecommunications operator in Russia and the CIS, and VimpelCom Ltd ("VimpelCom" or "VIP" - NYSE: VIP), a leading international provider of telecommunications services, announce that both companies have submitted a joint letter for the attention of Mr. Mike Parton, Chairman, and Mr. Mats Granryd, President and CEO, of Tele2 AB, expressing their interest in the...

LONDON, March 25, 2013 /PRNewswire/ -- Increasing data usage and the shift to mobile has meant that wireless communications companies have had to invest heavily into upgrading their network infrastructure and increasing their bandwidth. With more and more people switching to smartphones and tablets, the trend is expected to continue for the next few years. This could mean increased capital expenditures for wireless communications companies such as Clearwire Corporation...

The Company's Audit Committee and Board of Directors Approved an Update to the Compensation Terms of Mr. Lior Salansky that are Equal to the Amounts Paid to the Company's Outside Directors RA'ANANA, Israel, March 20, 2013 /PRNewswire/ -- MTS - Mer Telemanagement Solutions Ltd. (NASDAQ Capital Market: MTSL), a global provider of MVNE, Mobile Money and TEM services, today announced that it has filed its annual report containing audited consolidated financial statements for the year...

MOSCOW, RUSSIAN FEDERATION, March 19, 2013 /PRNewswire/ -- Mobile TeleSystems OJSC ("MTS" - NYSE: MBT), the leading telecommunications provider in Russia and the CIS, today announces its unaudited US GAAP financial results for the three months and full year ended December 31, 2012. Key Financial Highlights of Q4 2012 and FY 2012 - Consolidated revenues up 1.1% q-o-q to $3,168 million and up 1.0% y-o-y to $12,436 million -...

EDEN PRAIRIE, Minn., March 11, 2013 /PRNewswire/ -- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and position sensors, is pleased to announce that it has hired Dr. William Bachrach as Senior Vice President, to lead the MTS Sensors Division, following the announcement by Mr. Joachim Hellwig of his retirement effective March 31, 2014. Dr. Bachrach will assume the Sensors leadership role effective March 11, 2013, with Mr. Hellwig...

RA'ANANA, Israel, March 7, 2013 /PRNewswire/ -- MTS - Mer Telemanagement Solutions Ltd. (NASDAQ Capital Market: MTSL), a global provider of MVNE, Mobile Money and telecommunications expense management (TEM) services and solutions, today announced that it received a tax assessment from the Israeli tax authorities relating to the Tel-Aviv District Court's decision with respect to the 1997 to 1999 tax years. As a result of the assessment, MTS increased the provision in its...

EDEN PRAIRIE, Minn., March 5, 2013 /PRNewswire/ -- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and position sensors, today announced that it has been recognized in the April 2013 issue of Kiplinger's Personal Finance. In the article, MTS is one of six smaller-sized companies featured that "pay generous dividends and have bright prospects for shareholder appreciation." (Logo:...

RA'ANANA, Israel, February 21, 2013 /PRNewswire/ -- MTS - Mer Telemanagement Solutions Ltd. (Nasdaq Capital Market: MTSL), a global provider of MVNE, Mobile Money and TEM services, today announced the first deployments of its Mobile Money solution for a customer in Africa. MTS will provide the solution in a managed service/revenue share model with a minimum value of $460,000 over three year period. The Mobile Money solution targets the cellular users who do not have...