Kolkata, India - May 21, 2009. - Sistema Shyam TeleServices Limited (SSTL) today announced the commencement of services in Kolkata, under the MTS brand. Kolkata maps the fourth cellular circle for the brand, after the successful launch of operations in Rajasthan, Tamil Nadu and Kerala. Kolkata formerly Calcutta, has a population which exceeds 15 million and is the third largest Indian city and urban agglomeration.

Speaking at the launch, Vsevolod Rozanov, President and CEO of Sistema Shyam TeleServices Limited, said, “MTS is truly poised to be the pan-India cellular service brand of choice. The launch of services in Kolkata is the next strategic step in our plan to create a global service brand in India. We have made significant investments in India, and large investment portions have been earmarked to expand our network. MTS is one of the most powerful global brands and has always been at the cutting-edge of mobile services. It only befits us that with this lineage, we offer our Indian customers the same quality and advanced spectrum of services. We are happy to bring to Kolkata a supreme network backed by a slew of unique benefits. We look forward to continue expanding our services nationally in the coming months, with licenses for 22 circles across India”.

“Today is a historic moment for us with the successful rollout of services in Kolkata. The city offers high potential for mobile penetration and we are looking forward to bring our subscribers a unique value proposition, fine tuned as per their needs.  We intend to bring to Kolkata the same service experience and benefits, which has made MTS a leading brand globally.” added Mr. Keshhav Tiwary, Chief Operating Officer, Kolkata & West Bengal, Sistema Shyam TeleServices Limited.