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Mobile TeleSystems PJSC -- Moody's: Russian telcos' credit quality solid into 2019 on pricing, regulatory improvements

Russian telecos' credit quality will remain strong over the next 12-18 months despite ongoing profitability pressures and an expected 15%-18% annual jump in capex to meet data storage requirements, says Moody's Investors Service in a report published today. Moody's report "Telecommunications -- Russia: Operators' credit quality will remain healthy despite higher investment," is available on www.moodys.com. The rating agency's report is an update to the markets and does not constitute a rating action.