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Mobile TeleSystems

February 10, 2005

MTS announces subscriber growth numbers for January 2005

Moscow, Russian Federation — February 10, 2005 — Mobile TeleSystems OJSC (“MTS” — NYSE: MBT), the largest mobile phone operator in Russia and the CIS, announces that its consolidated subscriber base reached 35.94 million users on January 31, 2005.

During January 2005, MTS’ consolidated subscriber base increased by 1.72 million subscribers, of which 1.36 million were added in Russia. The growth was due to the dynamic development of the Company’s business; in particular, the continued effect of increased consumer activity during the New Year holiday period.

Subscribers (mln) Jan. 31, 2005 Dec. 31, 2004 Growth
Subs
Growth
%
Jan. 31, 2004 Growth
Subs
Growth
%
Total consolidated subscribers, end of period 35.94 34.22 1.72 5.0% 17.57 18.38 104.6%
Russia 27.90 26.54 1.36 5.1% 14.08 13.82 98.2%
Moscow and the Moscow region 7.80 7.51 0.29 3.9% 5.06 2.74 54.2%
St. Petersburg and the Leningrad region 1.88 1.82 0.06 3.2% 1.21 0.68 56.0%
Rest of Russia 18.22 17.20 1.01 5.9% 7.81 14.73 133.2%
Ukraine 7.72 7.37 0.35 4.7% 3.49 4.23 121.3%
Uzbekistan 0.32 0.31 0.01 4.2%  —   —   — 
MTS Belarus1 1.27 1.21 0.06 4.7% 0.51 0.77 151.7%
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
Investor and Public Relations
Andrey Braginski
tel: +7 (095) 911-65-53
e-mail: ir@mts.ru

 

 

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