March 17, 2008, Moscow. COMSTAR – United TeleSystems JSC (COMSTAR-UTS, LSE: CMST), the leading supplier of integrated telecommunication solutions in Russia and the CIS, announces it has acquired a license to render telematic communication (License No. 56544) and provide communication channels (License No. 56545) in Volgograd region.

Presently, United TeleSystems JSC and the Group affiliates hold licenses allowing them to render various communication services in 38 regions of Russia.

"COMSTAR-UTS now hold a large license package making it possible for us to render a wide range of telecommunication services," said COMSTAR – United TeleSystems JSC President Sergey Pridantsev. "License base is the business basis for any communication service provider. We plan to enlarge our package winning other licenses in the key regions of Russia".