Mobile Content Russia

Research and Markets announces the addition of new IE Market Research "1Q08 Mobile Forecast: Russia, 2007 - 2010" to their offering. It covers quarterly historical data starting in 3Q2003 and ending in 3Q2007. The analytics company also provides four-year forecasts at the operator level going out to 2010. Operators covered for Russia include: MTS, VimpelCom, MegaFon and others. Research and Markets' Mobile Forecasts are updated quarterly and are available for one-time delivery or through regular updates.

Notable highlights of the 1Q08 Russia Mobile Forecast include:

- The largest wireless telecom market in Europe (by subscribers)
in 2010 will continue to be Russia. We are now forecasting
that Russia will have a subscriber base of 186 million
(previously 180 million in our 4Q07 forecast). Among them,
60.7 million will subscribe to MTS, and 57.0 million will
subscribe to VimpelCom.

- We are lowering our projections on wireless penetration in the
Russia market. We are now forecasting that the level of
wireless penetration in Russia will increase from our
projected 116.5% in 2007 to 127.5% in 2010.

- While MTS will have EBITDA margin of 51%, our models continue
to show VimpelCom to have profitability levels that are
slightly higher with EBITDA margins of 53% in 2010.

- Market shares (by subscribers) of the largest three operators
in Russia will remain roughly the same over the next several
years. MTS, VimpelCom, and MegaFon will continue to have
approximately 32.7%, 30.7% and 21.3% of total subscribers
respectively from 2007 - 2010.

- The average ARPU in Russia will continue to rise in the coming
years. Among major operators, VimpelCom will receive the
highest ARPU of $14.77 per month in 2010.