Mobile Telesystems Provides Earnings Guidance for the Fourth Quarter of 2014; to Recognize Impairment Loss for the Fourth Quarter of 2014
March 05, 2015 at 05:03 pm EST
Mobile Telesystems OJSC provided earnings guidance for the fourth quarter of 2014. The company announced that it will incur a charge to operating income for the fourth quarter 2014 due to losses stemming from the insolvency of JSC Delta Bank.
The company to recognize an impairment loss of approximately RUB 5.2 billion in the fourth quarter 2014.