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Mobile TeleSystems

December 6, 2004

MTS announces subscriber growth numbers for November 2004

Moscow, Russian Federation — December 6, 2004 — Mobile TeleSystems OJSC (“MTS” — NYSE: MBT), the largest mobile phone operator in Russia and the CIS, announces that its consolidated subscriber base reached 29.50 million users on November 30, 2004.

During November 2004 MTS’ consolidated subscriber base increased by 1.71 million subscribers.

Commenting on the subscriber growth numbers, MTS’ Vice President and Chief Marketing Officer, Mikhail Susov, said: “November was a record month for MTS in terms of new additions. We expect this trend to continue through the pre-holiday period, seasonally the strongest two months for the wireless market, characterized by increased purchasing activity. In addition, we are offering various bonus deals and gift packages for our new subscribers.”

Subscribers (mln) Nov. 30, 2004 Oct. 31, 2004 Growth
Subs
Growth
%
Nov. 30, 2003 Growth
Subs
Growth
%
Total consolidated subscribers, end of period 29.50 27.79 1.71 6.1% 15.37 14.13 92.0%
Russia 22.94 21.64 1.30 6.0% 12.55 10.39 82.8%
Moscow and the Moscow region 6.98 6.83 0.15 2.3% 4.71 2.27 48.3%
St. Petersburg and the Leningrad region 1.69 1.64 0.05 3.2% 1.13 0.56 49.9%
Rest of Russia1 14.27 13.17 1.10 8.3% 6.71 7.56 112.5%
Ukraine 6.27 5.89 0.38 6.3% 2.81 3.46 122.6%
Uzbekistan 0.29 0.26 0.03 8.8%
MTS Belarus2 1.10 1.04 0.06 5.6% 0.40 0.70 171.6%
1

Including Sibintertelecom subscribers (a mobile phone operator in the Chita region, in which MTS acquired a majority stake on November 29, 2004); excluding Gorizont-RT subscribers (a mobile phone operator in the Yakutia region, in which MTS expects to complete its acquisition in December 2004).

2

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

 

 

 

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