December 2011

02.12.2011
MTS Launches Omlet.ru in Samsung Smart TV

Moscow, Russian Federation – Mobile TeleSystems OJSC (“MTS” or the “Company” – NYSE: MBT), the leading telecommunications provider in Russia and the CIS, and Samsung, the world’s leading supplier of consumer electronics, announce the launch of Samsung Smart TV sets and Blu-ray players with in-built access to multimedia entertainment portal Omlet.ru

01.12.2011
MTS Acquires 29% of MGTS Ordinary Shares

Moscow, Russian Federation – Mobile TeleSystems OJSC (“MTS” or the “Company” – NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces that MTS subsidiaries have completed the acquisition of a 100% stake in CJSC Sistema-Inventure (“Sistema-Inventure”), which directly owns 29% of the ordinary shares of Moscow City Telephone Network (“MGTS”). Sistema-Inventure was acquired from JSFC Sistema (“Sistema”) in accordance with the terms of indicative offer that were announced on September 06, 2011.

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