Moscow, Russian Federation — Mobile TeleSystems OJSC (“MTS” — NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces completion of the dividend payment for the full year 2010.
The dividend for the full year 2010 amounted to total of RUB 30.05 billion (approximately $1.08 billion or 78% of US GAAP net income) or RUB 14.541 per ordinary MTS share (approximately $1.04 per ADR).
The payment was completed in two months’ timeframe after the AGM in accordance with the new requirements of the Russian legislation.
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