January 2014

MTS’s Network in Greater Sochi Area is Fully Ready for Upcoming Key Sporting Events

Moscow, Russian Federation – Mobile TeleSystems OJSC (“MTS” or "the Company" – NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces the results of its network modernization in Sochi and Krasnodar Krai completed in 2013. During the year, network capacity has doubled while mobile Internet speeds in the cities across the region reached 42MB/s. As a result, the volume of the consumer traffic on the network increased two times.

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