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Press Release -- July 4th, 2013
Source: Nokia Siemens Networks
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Better, faster mobile broadband for MTS subscribers in Russia

Nokia Siemens Networks introduces FDD LTE, extends partnership with MTS

Nokia Siemens Networks is extending its partnership with Mobile TeleSystems (MTS) by deploying Frequency Division Duplex – Long Term Evolution (FDD LTE*) in the Moscow and Central Russia regions during the third quarter of 2013. The operator utilizes its 2600 MHz and 800 MHz frequency bands for increased capacity, addressing the growing demand formobile broadband services. Under the contract, Nokia Siemens Networks will be the sole supplier of FDD LTE radio access, IP core network equipment and services.

“As a leading telecommunications group in Russia and the Commonwealth of Independent States (CIS), we have been at the forefront of technology and innovation,” said Andrey Ushatskiy, vice-president and CTO of MTS Group. “In 2012, we launched our TDD LTE network. By adding FDD LTE, we will be able to take full advantage of our spectrum allocation, provide higher capacity, and deliver the superior data experience that our subscribers deserve. Nokia Siemens Networks was our obvious choice for the project, given our relationship of trust and its sound expertise in mobile broadband”.

Under the three-year contract, Nokia Siemens Networks will upgrade the existing Single RAN platform, based on its award-winning and high-capacity Flexi Multiradio 10 Base Station.The multi-technology Single RAN solution enables easy upgrading of the existing radio network for a fast LTE rollout. Nokia Siemens Networks will also deploy its NetAct network management system for consolidated configuration, monitoring and network optimization. When providing the FDD LTE radio network, Nokia Siemens Networks enables IP Multimedia Subsystem improvement capabilities for voice evolution at MTS.

To support MTS in deploying a network with the highest quality possible, Nokia Siemens Networks will provide a full range of services, including network implementation, planning and optimization, care and system integration.

“We are totally committed to supporting MTS so it can deliver the most efficient LTE network possible and serve more subscribers with higher data rates,” said Kristina Tikhonova, head of Region East at Nokia Siemens Networks. “With unprecedented scalability and flexibility, our FDD LTE solution will allow MTS to evolve its network in a fast and cost-effective manner, meeting its ever-increasing coverage and capacity needs.”

For more information on Nokia Siemens Networks’ mobile broadband capabilities, including a video overview, follow this link. To share your thoughts on the topic, join the @NokiaSiemensNet discussion on Twitter using #mobilebroadband and #LTE.

About MTS

Mobile TeleSystems OJSC (“MTS”) is the leading telecommunications group in Russia, Eastern Europe and Central Asia, offering mobile and fixed voice, broadband, pay TV as well as content and entertainment services in one of the world’s fastest growing regions. Including its subsidiaries, the Group services over 100 million mobile subscribers in Russia, Ukraine, Turkmenistan, Armenia and Belarus, a region that boasts a total population of more than 200 million. Since June 2000, MTS’ Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). Additional information about the MTS Group can be found at www.mtsgsm.com.

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 undertake or 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, the severity and duration of current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; the impact of Russian, U.S. and other foreign government programs to restore liquidity and stimulate national and global economies, our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so, strategic actions, including acquisitions and dispositions and our success in integrating acquired businesses, 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, governmental regulation of the telecommunications industries and other risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject to risks.

About Nokia Siemens Networks

Nokia Siemens Networks is the world’s specialist in mobile broadband. From the first ever call on GSM, to the first call on LTE, we operate at the forefront of each generation of mobile technology. Our global experts invent the new capabilities our customers need in their networks. We provide the world’s most efficient mobile networks, the intelligence to maximize the value of those networks, and the services to make it all work seamlessly.

With headquarters in Espoo, Finland, we operate in over 120 countries and had net sales of approximately 13.4 billion euros in 2012.http://www.nokiasiemensnetworks.com

Media Enquiries

Nokia Siemens Networks
Irina Bizyaeva
Head of Marketing and Communications, Subregion Russia
Phone: +7 (495) 737 2112
E-mail: irina.bizyaeva@nsn.com

Media Relations
Phone: +358 7140 02869
E-mail: mediarelations@nsn.com

MTS
Irina Agarkova
MTS Press Service
Phone: +7 (495) 766-00-25
E-mail: pr@mts.ru

Notes
* Frequency Division Duplex – Long Term Evolution (FDD LTE) is one of two variants of the 3GPP LTE technology, the other being Time Division Duplex – Long Term Evolution (TDD LTE). Nokia Siemens Networks is a leader in the commercialization and innovation of Long Term Evolution (LTE), serving millions of LTE subscribers in commercial FDD-LTE and TDD-LTE networks worldwide. In fact, we are a supplier to close to 60 commercial LTE operators which account for 45% of all LTE subscribers.Our unique track record is based on award-winning platforms like the multi-technology, compact, modular and weatherproof Flexi Multiradio 10 Base Station and the ingenious Liquid Radio LTE Software Suite and Smart Scheduler to maximize performance and optimize the use of radio spectrum.

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