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Mobile TeleSystems

January 12, 2005

MTS announces updated subscriber growth numbers for December 2004

Moscow, Russian Federation — January 12, 2005 — Mobile TeleSystems OJSC (“MTS” — NYSE: MBT), the largest mobile phone operator in Russia and the CIS, announces that it has updated the number of subscribers in Moscow and the Moscow region thus altering the total number of subscribers in Russia and the total consolidated figure. The change is caused by the fact that some subscribers were not included in the calculation due to their migration to the new billing system in the last day of 2004. The updated table is included below.

During 2004 MTS’ subscriber base increased by 17.46 million subscribers. In the month of December 2004 the Company added 4.68 million customers on a net basis.

Subscribers (mln) Dec. 31, 2004 Nov. 30, 2004 Growth
Subs
Growth
%
Dec. 31, 2003 Growth
Subs
Growth
%
Total consolidated subscribers, end of period 34.22 29.50 4.72 16.0% 16.72 17.50 104.7%
Russia 26.54 22.94 3.60 15.7% 13.37 13.17 98.5%
Moscow and the Moscow region 7.51 6.98 0.53 7.6% 4.94 2.57 52.0%
St. Petersburg and the Leningrad region 1.82 1.69 0.13 7.7% 1.18 0.64 54.2%
Rest of Russia 17.20 14.27 2.93 20.5% 7.25 9.95 137.2%
Ukraine 7.37 6.27 1.10 17.5% 3.35 4.02 120.0%
Uzbekistan 0.31 0.29 0.02 6.9%
MTS Belarus1 1.21 1.10 0.11 10.0% 0.46 0.75 163.0%
1

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

 

For further information contact:

Mobile TeleSystems, Moscow
Andrey Braginski
Investor and Public Relations
tel: +7 (095) 911-65-53
e-mail: ir@mts.ru

 

 

 

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