Mobile Telesystems OJSC is Added to the Bellwether Watch list.

0 Comments | M2 Presswire, March, 2007

M2 PRESSWIRE-5 March 2007-bellwetherreport.com: Mobile Telesystems OJSC is Added to the Bellwether Watch list(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:05032007 Mobile Telesystems OJSC (NYSE:MBT) is Added to the Bellwether Watch list Mobile TeleSystems (MTS) gets its rubles from Russians who need to keep in touch wherever they go.

Wireless carrier MTS is the #1 digital mobile phone service in Russia. The company serves about 60 million subscribers, primarily in Russia. MTS, which exclusively uses the GSM (global system for mobile communications) standard, has acquired more than a dozen mobile operators since 1998 to expand its reach across Russia and into Belarus, the Ukraine, and Uzbekistan. Major shareholders include financial-industrial holding company...