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Ad Hoc Notice
2007 annual report filing on
form 20-F
Moscow,
Russian Federation
Mobile TeleSystems has filed its annual report
on form 20-F for the fiscal year 2007 with the United States Securities and
Exchange Commission.
The document can also be found at
http://www.mtsgsm.com/information/annual_reports/ of the Investor Relations
section. Hard copies of the document with the Company’s complete audited
financial statements will be available free of charge to shareholders upon
request.
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For further information, please contact:
Mobile TeleSystems,
Moscow
Investor Relations
Tel: +7 495 223 2025
E-mail:
ir@mts.ru
***
Mobile TeleSystems
OJSC (“MTS”) is the largest mobile phone operator in Russia and the CIS.
Together with its subsidiaries, the Company services over 85.68 million
subscribers. The regions of Russia, as well as Armenia, Belarus,
Turkmenistan, Ukraine, and Uzbekistan, in which MTS and its associates and
subsidiaries are licensed to provide GSM services, have a total population of
more than 230 million. Since June 2000, MTS’ Level 3 ADRs have been
listed on the New York Stock Exchange (ticker symbol MBT). Additional
information about MTS can be found on MTS’ website at www1.mtsgsm.com.
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Some of the
information in this press release may contain projections or other
forward-looking statements regarding future events or the future financial
performance of MTS, as defined in the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. You can identify forward
looking statements by terms such as “expect,” “believe,” “anticipate,”
“estimate,” “intend,” “will,” “could,” “may” or “might,” and the negative of
such terms or other similar expressions.
We wish to caution you that these statements are only predictions and
that actual events or results may differ materially. We do not intend to
update these statements to reflect events and circumstances occurring after
the date hereof or to reflect the occurrence of unanticipated events. We
refer you to the documents MTS files from time to time with the U.S.
Securities and Exchange Commission, specifically the Company’s most recent
Form 20-F. These documents contain and identify important factors,
including those contained in the section captioned “Risk Factors” that could
cause the actual results to differ materially from those contained in our
projections or forward-looking statements, including, among others, potential
fluctuations in quarterly results, our competitive environment, dependence on
new service development and tariff structures, rapid technological and market
change, acquisition strategy, risks associated with telecommunications infrastructure,
risks associated with operating in Russia and the CIS, volatility of stock
price, financial risk management and future growth subject to risks.
***
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