Mobile Content Russia

MTS, the largest cellular network operator in Russia and CIS, announces that it has won the GSM Association’s (“GSMA”) 15th Annual Global Mobile Award at the 2010 Mobile World Congress in Barcelona. MTS won the award in the “Best Billing & Customer Care Solution” category for its “Your Individual Optimal Tariff Plan” service. MTS is the first mobile operator from Russia and the CIS to be recognized with one of the most prestigious awards in the telecommunications industry.

The activity of BAMBOO GROUP rendering innovative services in VAS market and mobile marketing field was extremely efficient. To compare with 2008 the amount of obtained profit doubled. New promising directions were discovered, the number of business partners rose.

BAMBOO GROUP in European markets

In the year 2009 BAMBOO GROUP in Belarus (STREAMLINE) continued to hold major positions keeping more than 50% of additional services market for itself. To compare with the previous year the amount of company’s profit has risen for more than 70%, ARPU year growth made up 9%. Last year STREAMLINE’s services were used by more than 2 mln. of unique users that is equal to 22% of all mobile subscribers of the Republic of Belarus.

Mobile Content Russia Magazine is pleased to share with its readers the video of Victor Saeijs' presentation at VI Mobile VAS Conference. Victor Saeijs is Vice-President Sales Eurasia Nokia. Victor presents the new SDK with Ovi Maps integration for mobile developers and explains why Nokia stepped into mobile internet-based services market.

NB: Don't forget to push HD button.

Mobile Content Russia Magazine is pleased to share with its readers the video of Ivar van Dijk presentation at VI Mobile VAS Conference “Driving scale through bundling: Strategies for delivering mobile entertainment”.

NB: Don't forget to push HD button.

Spb Software, a leading mobile software developer, is proud to inform that SPB TV, its mobile IPTV software, has received one of three winner's awards in Media category of Google's prestigious ADC2 contest. SPB Software has won this award in competition with 199 other nominees of Round II, 19 of them in the same category.

The competition was especially tough due to Google's innovative and inventive approach to the voting system. Users could participate in the evaluation process only by downloading ADC2 software from Android Market. During the second stage of the competition users were randomly offered two hundred applications, one by one. After they evaluated an application and gave it a respective rating, it disappeared from their smartphones. We believe such conditions make our achievement even more exciting.

MTS, the largest cellular network operator in Russia and CIS, announces that it has successfully renegotiated the terms of the EUR 300 million credit facility from Gazprombank as part of the Company's efforts to reduce the interest rates of its debt portfolio.

MTS initially entered the credit agreement with Gazprombank in late December 2008. Under the terms of the agreement, the Company was to pay an annual interest rate of 12%. As the result of negotiations, the interest rate has been decreased to 8%. The maturity of the facility has been extended by more than a year from June 2011 to September 2012. MTS has already paid down EUR 50 million of the original facility.

VimpelCom (which operates under the Beeline trademark), today announced that its Board of Directors approved convocation of an Extraordinary General Meeting of Shareholders of the Company to vote on an interim dividend payment based on the operating results for the nine months ending on September 30, 2009 (the «Shareholders Meeting»). The Shareholders Meeting will be held on December 17, 2009.

The Board recommended that the Shareholders Meeting approve interim dividends based on the operating results for the nine months ending on September 30, 2009 (calculated in accordance with Russian statutory accounting principles) in the amount of RUR 190.13 per common share of VimpelCom stock (or approximately US$0.32 per American Depositary Share («ADS») based on the Russian Central Bank exchange rate as of September 30, 2009), amounting to a total of approximately RUR 9.75 billion (or approximately US$324 million based on the Russian Central Bank exchange rate as of September 30, 2009), to be payable within 60 days of the approval at the Shareholders Meeting.

MTS, the largest cellular network operator in Russia and CIS, has announced the full-scale roll out of UMTS/HSPA (3G) network in all regions of Armenia, one of the CIS countries. Today the third generation network is operating in 50 cities of the country.

First VivaCell-MTS 3G networks were launched in April 2009 in three major Armenian cities – Yerevan, Gyumri, and Vanadzor. The carrier is building a combined 2G/3.5G network in Armenia, using the current platforms as base stations without holdup or significant reconfiguration of GSM network.

TELE2 Russia announced its consolidated results for the third quarter and 9 months of 2009 in Russia and plans for further development of these operations.

During Q3 2009 TELE2 Russia continued with its strategy of improving the operational contribution of its 17 mature regions to support the roll-out of commercial networks in its 20 new regions. In the quarter, 7 of the new regions were commercially launched: Bryansk, Novosibirsk, Tula, Tambov, Tver, Orel Regions and Adygei Republic. The market's response has been better than expected compared to the business plan.

MTS, the largest cellular network operator in Russia and CIS, has announced 100% acquisition of mobile phone retail chain Teleforum from its earlier owners EWINSER INVESTMENT S.A. (BVI) and a private individual.

The deal totaled 11 million dollars 20% of which the seller will get with the closing of the deal and 80% will be paid out after 12 months subject to fulfillment of several agreement terms, including the compliance of the performance figures of the acquired company with the deal's requirements.