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Mobile TeleSystems

February 15, 2008

MTS announces subscriber growth numbers for January 2008

Moscow, Russian - 15 February, 2008 - Mobile TeleSystems OJSC ("MTS" - NYSE: MBT), the largest mobile phone operator in Russia and the CIS, announces that its consolidated subscriber base reached 82.95 million users on January 31, 2008.

During January 2008, MTS' consolidated subscriber base increased by 0.98 million subscribers.

Subscribers (mln)

Jan 31, 2008

     Dec 31, 2007

  Growth
   Subs

         Growth
          %

     Jan 31, 2007

       Growth
        Subs

      Growth
         %

Total consolidated subscribers, end of period

  82.95

        81.97

    0.98

         1.2%

        73.41

        9.54

       13.0%

Russia

  58.26

        57.43

    0.83

         1.5%

        51.20

        7.06

       13.8%

  Moscow and the
  Moscow region

  13.65

        13.45

    0.20

         1.5%

        11.27

        2.38

       21.1%

  St. Petersburg and the   Leningrad region

   2.85

         2.82

    0.03

         1.0%

         2.68

        0.17

        6.4%

  Rest of Russia

  41.76

        41.15

    0.61

         1.5%

        37.26

        4.50

        12.1%

Ukraine

  19.92

        20.00

  - 0.08

       - 0.4%

        20.50

       - 0.58        

       - 2.8%

Uzbekistan

   3.00

         2.80

    0.20

         7.1%

         1.52

         1.48

        97.4%

Turkmenistan

   0.38

         0.36

    0.02

         6.4%

         0.19

         0.19

        99.5%

Armenia

   1.39

         1.38

    0.01

         0.6%

           -

           -

            -

MTS Belarus1

   3.84

         3.80

    0.04

         1.2%

          3.34

         0.50

         15.1%

 

1

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

 

 

 

 

 

 

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