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COMSTAR - UTS

January 18, 2010

Federal Tariff Service introduces new tariffs for MGTS subscribers

Moscow, Russia – January 18, 2010 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications provider in Moscow and 69 Russian cities, today announced that Moscow City Telephone Network (“MGTS”), Comstar’s 69.93% owned subsidiary, will introduce new tariffs for the local connection services and line rental from February 1, 2010. MGTS’ tariffs[1] will increase at an average rate of 10.3% in rubles. 

Per-Minute Tariff Plan 

 

Residential Subscribers 

Independent Corporate Subscribers

State-Funded Organizations 

(RUB)

New

Current

New

Current

 New 

 Current

Line Rental

155.00

135.00

175.00

160.00

160.00

145.00

Local connection fee per minute

0.36

0.30

0.36

0.30

0.36

0.30

Combined Tariff Plan 

 

Residential Subscribers 

Independent Corporate Subscribers  

State-Funded Organizations

 (RUB)

 New

 Current

 New

 Current

 New

 Current

 Line Rental 

 155.00

 135.00

 175.00

 160.00

 160.00

 145.00

Fee for basic limit of 400 minutes per month (currently the prepaid limit is 450 minutes)

 

140.00

 

120.00

 

140.00

 

120.00

 

140.00

 

120.00

 Fee per additional minute

 0.34

 0.28

 0.34

 0.28

 0.34

 0.28

 

 

 

 

 

 

 

 

 

 

 

 

Unlimited Tariff Plan 

 

 Residential Subscribers 

 Independent Corporate Subscribers

 State-Funded Organizations 

 (RUB) 

 New 

 Current

 New 

 Current

 New 

 Current

 Line Rental 

 155.00

 135.00

 175.00

 160.00

 160.00

 145.00 

Fee for unlimited connection

 250.00

 245.00

 350.00

 342.00

 350.00

 331.00

 

 

 

 

 

 

 

 

As at September 30, 2009, MGTS had 3.6 million active residential lines and 763 thousand active corporate lines (of which 511 thousand lines are used by independent corporate subscribers, 252 thousand lines are used by state-funded organizations). As at September 30, 2009, 50% of MGTS residential subscribers were on the unlimited tariff plan, 29% were on the per-minute plan and the remaining 21% were on a combination of the two plans. 15% of MGTS independent corporate subscribers were on the unlimited tariff plan, 6% were on the per-minute plan and the remaining 78% were on a combination of the two plans as at the end of the third quarter of 2009. 13% of state-funded organizations using MGTS voice services were on the unlimited tariff plan, 6% were on the per-minute plan and the remaining 81% were on a combination of the two plans as at the end of the third quarter of 2009. 

Further information with regard to MGTS’s tariff increase is available on the MGTS corporate website at https://www.mgts.ru/.

[1]Tariffs for residential subscribers include VAT; tariffs for corporate subscribers are indicated without VAT

 

 

 

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