Mobile TeleSystems sees a decrease in 3G-related CapEx in 2013

The company says "We expect to spend 20% of sales on capital investments. For the period 2013 to 2015, we expect cumulative CapEx/sales ratio in the range of 18-19%. We are confident that in 2013 we will be able to realize our goal of 5 to 7% revenue growth in local currencies. We believe that macroeconomic factors, the changing revenue mix within the Group and improvement in the competitive environment will allow us to sustain our OIBDA margin in the range of 41 to 42% for 2013."

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