Moscow, April, 10, 2002. “Mobile TeleSystems” (NYSE:MBT), the largest Russian mobile operator, announces the launch of intranet roaming in the south of Russia through the networks of operators “DonTelekom” (the Rostov region) and “Kuban GSM” (the Krasnodar region, the republic of Adygeja).
The launch of intranet roaming in the networks of Kuban GSM and DonTelekom means a reduction in value for the minute on the territory covered by the operators by 1.5—4 times. The largest decrease is seen with calls to MTS mobile subscribers. For example, if the call for MTS subscriber in Moscow from Krasnodar cost 1 dollar 18 cents during the day and 87 cents at night, — this will now be reduced to only 29 cents in the day and 25 cents at night. Commenting on this event, Michael Susov, the First vice-president of MTS noted: “The launch of an intranet roaming through the networks of Kuban GSM and DonTelekom will allow us to cut down considerably the costs for our subscribers who are spending their vacations on the popular resorts of the Black Sea coast. This region can be said to be the capital of Russia during the summer period — more than 5 million people visited it during the last year”. Subscribers of Kuban GSM and DonTelekom can now also use all advantages of the nationwide MTS’s network by using intranet roaming and preferential tariffs for long-distance calls in the regions. From today, the intranet roaming service is accessible for all subscribers of MTS not only in 31 regions of the uniform network of Mobile TeleSystems, but also in the Republic of Tatarstan (the operator “TAIF-Telkom”) and the Republic of Marii — El (the operator “Martelekom”).
Please see our web-site for more information regarding the intranet roaming tariffs and preferential international calls at www.mtsgsm.com, Section “Roaming and coverage area”.
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For further information contact:
MTS Public Relations Director
Kirill Maslentsyn
tel: +7 (095) 737-45-30
e-mail: mkk@mts.ru
Investor Relations
tel: +7 (095) 766-01-03
e-mail: ir@mts.ru |
All prices in the press release are given in USD, without taking into account the VAT and the Sales Tax. — ends — Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statement to conform them to actual results. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission, specifically, the Company’s most recent Form F-1. These documents contain and identify important factors, including those contained in the section captioned “Risk Factors,” that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, potential fluctuations in quarterly results, our competitive environment, dependence on new service development and tariff structures; rapid technological and market change, acquisition strategy, risks associated with telecommunications infrastructure, risks associated with operating in Russia, volatility of stock price, financial risk management, and future growth subject to risks.
Mobile TeleSystems OJSC (NYSE: MBT) is Russia’s leading mobile cellular operator. MTS has GSM 900/1800 licenses to provide mobile cellular telephony services in 48 regions of the Russian Federation, covering 89.5 million people or 60% of the country’s population. MTS network has operations in 31 regions of the Central (including Moscow and Moscow region, North-West (including Saint-Petersburg), South, Volga, Urals, Siberia and Far-East federal districts, which covers more than 68.7 million people, or 47% of the population of the Russian Federation. Since June 2000 MTS ADRs are listed on the NYSE under the ticker MBT. Additional information about MTS can be found on MTS’s website at www.mtsgsm.com |
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