OREANDA-NEWS. Mobile TeleSystems OJSC (“MTS” - NYSE: MBT), the largest mobile phone operator in Russia and the CIS, announces that its consolidated subscriber base reached 68.53 million users on October 31, 2006.

During October 2006, MTS’ consolidated subscriber base increased by 0.94 million subscribers, of which 0.23 million were added in Russia.

As of October 31, 2006, the subscriber base of MTS in Russia made 50,22 million users, in Ukraine – 16,92 million, in Uzbekistan – 1, 24 million, in Turkmenistan – 0,15 million and in Belarus – 2,98 million users.