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April 17, 2008

MTS announces subscriber growth numbers for March 2008

Moscow, Russian Federation – Mobile TeleSystems OJSC (“MTS” – NYSE: MBT), the largest mobile phone operator in Russia and the CIS, announces that its consolidated subscriber base reached 84.94 million users on March 31, 2008.

During March 2008, MTS’ consolidated subscriber base increased by 1.06 million subscribers.

Subscribers (mln) Mar 31, 2008 Feb 29, 2008 Growth
Subs
Growth
%
Mar 31, 2007 Growth
Subs
Growth
%
Total consolidated subscribers, end of period 84.94 83.88 1.06 1.3% 74.16 10.78 14.5%
Russia 59.90 59.07 0.83 1.4% 51.50 8.40 16.3%
  Moscow and the
  Moscow region
13.95 13.87 0.08 0.6% 11.50 2.45 21.3%
  St. Petersburg and the   Leningrad region 2.88 2.86 0.02 0.8% 2.61 0.27 10.4%
  Rest of Russia 43.06 42.35 0.71 1.7% 37.39 5.67 15.2%
Ukraine 19.61 19.67 - 0.06 - 0.3% 20.75 - 1.14 - 5.5%
Uzbekistan 3.56 3.34 0.22 6.4% 1.70 1.86 109.2%
Turkmenistan 0.47 0.40 0.07 15.6% 0.20 0.27 132.9%
Armenia 1.42 1.39 0.03 1.7%
MTS Belarus1 3.94 3.90 0.04 1.2% 3.37 0.57 16.9%

1

MTS owns a 49% stake in Mobile TeleSystems LLC, a mobile operator in Belarus, which is not consolidated.

 

 

 

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