MIKHAIL SHAMOLIN RANKED AS 26TH MOST POWERFUL TELECOMMUNICATIONS PROFESSIONAL IN THE WORLD

Monday, October 04, 2010

Global Telecoms Business (GTB), a leading telecommunications trade magazine, ranked MTS President and CEO, Mikhail Shamolin, the 26th most powerful telecommunications professional globally in its annual “Power 100” list of leading industry executives. The 2010 ranking, determined by reader-submitted nominations, is an improvement from last year’s placing of Shamolin at #29. GTB acknowledged several milestone achievements at MTS over the past year as the cause.

GTB wrote:

“Mikhail Shamolin is the president and CEO of MTS, which operates in Russia and the CIS. Since May 2008, Shamolin has driven corporate transformation through MTS’s entrance into fixed-line services through the acquisition of Comstar-UTS, the provider of integrated telecommunication solutions in Russia, and the launch of Omlet.ru, an online content portal.

“During Shamolin’s tenure, first as head of MTS’s Russian business and then CEO of MTS, the company’s core markets have delivered nearly 20% compound annual revenue growth since 2005 and developed into the world’s ninth largest telecommunications company by subscriber numbers.”

The full 2010 ranking is available on GTB’s website.

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