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MTS and “Morsviazsputnik” have agreed on cooperation to utilize the potential of operating a transarctic fiber-optic cable line.

Thursday, June 3, 2021

Saint Petersburg , Russian Federation – PJSC «MTS» (NYSE: MBT, MOEX: MTSS), Russia’s largest telecoms operator and information services provider, and FSUE «Morsviazsputnik», the operator of a transarctic FOCL, have signed a strategic partnership agreement at the 2021 St. Petersburg Economic Forum in view of planning and implementing infrastructure projects based on the construction of a submarine transarctic fiber-optic cable line (FOCL) from Murmansk to Vladivostok with exit points along the North Sea route (the «Polar express» project).
The agreement signed between MTS and FSUE «Morsviazsputnik» identifies traffic reservation on the MTS network along the entire route of the FOCL under construction or within its’ separate parts as one of the key areas of cooperation. The partners will consider the possibility of organizing a separate cable line from the cable landing station of the transarctic FOCL in Teriberka village to Murmansk, as well as consider the parameters of organizing a separate exit point of the transarctic FOCL in YNAR (Yamalo-Nenetsk Autonomous region). The partners are planning to use the infrastructure of the new FOCL as a base for constructing terrestrial communication networks for seaports and extraction enterprises of the Far North and the Far East regions.

The partners will also analyze the potential of the transarctic submarine FOCL for providing connection and innovative services, including the “IoT” technology, to vessels on the North Sea route and the Far East region of the Russian Federation.

“This agreement implies long term and mutually beneficial cooperation of companies within the development of communication networks in the Far North. Today we see an exponential vector of technology development and our interaction with “Morsviazsputnik” will enable MTS to efficiently meet the ever-growing needs of our business clients and private consumers in the northern regions of the country, as well as develop the latest generation high-speed networks in the region, implement solutions in the field of the "Internet of things", e-commerce, unmanned vehicles, artificial intelligence, industrial automation, secure communications, taking into account the growing requirements for information security, storage and processing of data ", - said the President of PJSC" MTS "Vyacheslav Nikolaev.

 

“This agreement implies long term and mutually beneficial cooperation of companies within the development of communication networks in the Far North. Today we see an exponential vector of technology development and our interaction with “Morsviazsputnik” will enable MTS to efficiently meet the ever-growing needs of our business clients and private consumers in the northern regions of the country, as well as develop the latest generation high-speed networks in the region, implement solutions in the field of the "Internet of things", e-commerce, unmanned vehicles, artificial intelligence, industrial automation, secure communications, taking into account the growing requirements for information security, storage and processing of data ", - said the President of PJSC" MTS "Vyacheslav Nikolaev

 

“The development of the Arctic region is currently seriously changing the requirements for the global communication network, as a result of which the regional development plans and corresponding investment in infrastructure should be implemented in the interests of the state, Russian and international business. The development of backbone communication networks in the Arctic is becoming the foundation of economic and social changes in the region, the engine of the digital development of the Russian Federation,” said Andrey Kuropyatnikov, General Director of FSUE “Morsviazsputnik”.

 

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“Additional information on the construction of the Transarctic submarine fiber-optic line "Polar Express"

Arctic Submarine Fiber Optic Cable Line – the launched "Polar Express" project for the construction of a submarine transarctic fiber-optic communication line (FOCL) connecting Europe and Asia through the Arctic zone of Russia with nine exit points along the Northern Sea Route and the Far East of the Russian Federation with the possibility of integration into the existing fiber-optic communication routes to Europe, Asia and America. Construction will take place from 2020 to 2026, the project involves nine cable landing stations along the entire Northern Sea Route and the Far East region of the Russian Federation, the cable landing station near ​​the village of Teriberka and in the NAO will be put into operation in 2021.

The implementation of the project for the construction of a submarine transarctic FOCL from Murmansk to Vladivostok is carried out by the Ministry of Transport of the Russian Federation and its subordinate institutions in accordance with the decree of the President of the Russian Federation "On the strategy for the development of the Arctic zone of the Russian Federation and ensuring national security for the period up to 2035", and the strategic objectives defined in the decree for the development of Arctic infrastructure, the formation of a digital ecosystem of the Northern Sea Route. FSUE "Morsviazsputnik" was appointed as the operator of the transarctic fiber-optic communication line and ensures interaction with potential partners and consumers.

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Public Joint Stock Company "Mobile TeleSystems" (PJSC "MTS") is a leading company in Russia and the CIS in providing services for mobile and fixed communications, data transmission and Internet access, cable and satellite TV broadcasting; provider of digital services, including fintech and media within ecosystems and mobile applications; provider of IT solutions in the field of the Internet of Things, monitoring, data processing, cloud computing. More than 86 million subscribers use MTS Group mobile services in Russia, Belarus and Armenia. MTS holds a leading position in the Russian mobile business market, serving the largest 78 million subscriber base. MTS 'fixed services - telephony, Internet access and TV broadcasting - cover almost ten million Russian households, Pay TV services in various environments - more than seven million users, loyalty programs - over 11 million customers. The company has a retail network of 5,330 communication salons in Russia for customer service, the sale of mobile devices and the provision of financial services. The largest shareholder of MTS is PJSC AFK Sistema. MTS shares are listed on the New York Stock Exchange under the MBT code, and on the Moscow Exchange under the MTSS code. Company website: www.mts.ru

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The Federal State Unitary Enterprise “Morsviazsputnik” is the national operator of the INMARSAT mobile satellite communication system in the Russian Federation, the official partner of Iridium Communications LLC. Today the company has its own ground infrastructure, which has become an important component of international telecommunication networks of modern satellite communications and formed the national ground segment of the mobile satellite network Inmarsat in Russia.

Since its foundation in 1976, “Morsviazsputnik” has become a unique communications operator not only in the field of mobile satellite communications, but also in the backbone fiber-optic communications market as the operator of the “POLAR EXPRESS” project - a transarctic backbone submarine fiber-optic communication line from Murmansk to Vladivostok on the Northern Sea Route.

As a subordinate organization of the Federal Agency for Maritime and River Transport of the Ministry of Transport of the Russian Federation, “Morsviazsputnik” participates in the implementation of state assignments and national projects, represents Russia in international organizations and programs such as: International Maritime Organization, International Telecommunication Union, International Mobile Satellite Organization, International Program COSPAS-SARSAT and others.

More details at www.marsat.ru

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Certain statements in this press release may contain projects or projections regarding forthcoming events or future financial results of the Company in accordance with the provisions of the US Securities Act of 1995. Such statements include the words “expected,” “estimated,” “intends,” “will,” “might,” or other similar expressions. We would like to caution you that these statements are only assumptions and actual events, or results may differ from those stated. We do not undertake and do not intend to revise these statements to relate them to actual results. We refer you to documents that the company sends to the US Securities and Exchange Commission, including Form 20-F. These documents contain and describe important factors, including those identified in the Risk Factors section of Form 20-F. These factors can cause real results to differ from projects and forecasts. They include: the current state of the economy, including the high volatility of discount and exchange rates, commodity and stock prices and the value of financial assets, the impact of government programs in Russia, the United States and other countries to restore liquidity and stimulate the national and global economy, our opportunity maintain the current credit rating and the impact on the cost of financing and competitive position, in the event of a decrease, strategic activities, including acquisitions and disposals and the success of the integration of acquired businesses, possible changes in quarterly results, conditions of competition, dependence on the development of new services and tariff structures, fast changes in technological processes and market position, strategy; risk associated with the telecommunications infrastructure, government regulation of the telecommunications industry, and other risks associated with work in Russia and the CIS, fluctuations in stock prices; the risk associated with financial management, as well as the emergence of other risk factors.