Russian operator MTS said its first quarter net income fell by 16.1 percent to US$321.6 million, on revenue which increased 12.2 percent to US$2.93 billion. In a statement, Andrei Dubovskov, president and CEO of the company, noted that following its merger with Comstar, the company is set to “focus on the broader optimisation of our business,” including “rationalising headcount” and introducing convergent billing “so as to further improve our customer experience, increase loyalty and drive future growth.”