VivaCell-MTS Starts Cooperation With Quadracom – Fast And Reliable 2

VIVACELL-MTS STARTS COOPERATION WITH QUADRACOM – FAST AND RELIABLE 24-HOUR SYSTEM OF ELECTRONIC PAYMENTS

ArmInfo
2009-05-16 11:38:00

ArmInfo. VivaCell-MTS, a subsidiary of Mobile TeleSystems OJSC ("MTS"
– NYSE: MBT), announces that it has signed a dealership agreement
with electronic payments vendor Quadracom.

Thanks to this cooperation, starting from today, VivaCell- MTS’
postpaid and prepaid subscribers are provided an opportunity to
recharge their prepaid accounts or settle invoices for prepaid
services, and also pay utility bills through Quadarcom Electronic
Payment Machines.

By mid-June, in 30 days after the commercial launch, 70 online
electronic payment machines of Quadracom will be located in different
parts of Yerevan.

Quadracom Electronic Payment Machines will provide VivaCell subscribers
with availability and convenience to recharge their accounts and
settle invoices: in online regime, with ease-of-use, at any time day
and night, through three-lingual support, and with no sign up process.

Quadracom is the seventh electronic payments vendor with
which VivaCell-MTS is signing dealer agreement. The Company is
successfully cooperating with TellCell, Tandem, OSMP, Mgpay, MegaPay
and Intercoopbank. VivaCell-MTS (K-Telecom CJSC) is the leading
Armenian mobile operator, providing a wide range of Voice and Data
services. Since its launch on 1st July 2005, in a short period of
time VivaCell-MTS has managed to build a natinwide network and a
considerable customer base. VivaCell-MTS drives the development
and offering of innovative mobile communications products, services
and features in the Armenian mobile communications market. For more
information, visit

Mobile TeleSystems OJSC ("MTS") is the largest mobile phone operator
in Russia and the CIS. Together with its subsidiaries, the Company
services over 92.17 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 at

www.vivacell.am
www.mts.ru