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Mobile TeleSystems

September 17, 2008

MTS announces subscriber growth numbers for August 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 87.26 million users on August 31, 2008.

In August 2008 MTS' subscriber base in Russia decreased as a result of the Company's more rigorous application of its six-month churn policy. At the same time, gross additions during the period exceeded two million subscribers, which is consistent with growth rates witnessed throughout 2008.

Subscribers (mln) Aug 31, 2008 Jul 31, 2008 Growth
Subs
Growth
%

Aug 31, 2007

Growth
Subs
Growth
%
Total consolidated subscribers, end of period 87.26 87.26 stable stable 76.06 11.20 14.7%
Russia 61.48 61.86 -0.38 -0.6% 53.67 7.81 14.5%
  Moscow and the
  Moscow region
14.17 14.14 0.03 0.3% 12.41 1.76 14.2%
  St. Petersburg and the   Leningrad region 3.07 3.01 0.06 2.1% 2.68 0.39 14.6%
  Rest of Russia 44.23 44.71 -0.48 -1.1% 38.58 5.65 14.6%
Ukraine 18.598 18.595 0.003 0.01% 19.94 −1.34 −6.7%
Uzbekistan 4.83 4.61 0.22 4.7% 2.18 2.65 121.4%
Turkmenistan 0.71 0.64 0.07 9.6% 0.27 0.44 161.4%
Armenia 1.66 1.56 0.10 6.5%
MTS Belarus1 4.11 4.07 0.04 1.1% 3.61 0.50 14.0%

1

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

 

 

 

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