**Exhibit 4.34**

FEDERAL SERVICEFOR SUPERVISION IN THE AREA OF COMMUNICATIONS

**LICENSE**

**No. 33922**

Licensee’s details:

***OpenJoint Stock Company***

***Mobile TeleSystems***

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Location:

109147, Moscow, 4Marksistskaya Str.

Services:

**Telematiccommunications services**

The enclosedLicense includes License terms on 2 pages.
| This License is valid from |   | July 15, 2005 |   | to     |   | July 15, 2010 |
|----------------------------|--------|--------------------|--------|--------|--------|--------------------|
|                       |   |               |   |   |   |               |
|                       |   |               |   |   |   |               |
| Service commencement date  |   |               |   |   |   |               |
| (not later than)           |   |               |   |   |   | July 15, 2005 |

 

Seal:        Federal Service for Supervision in theArea of Communications

Deputy Head of theFederal Service for Supervision in the Area of Communications  /signature/            S.A.Malyanov

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Federal Service forSupervision in the Area of Communications

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**OPERATINGTERMSFor License No. 33922****

1.             Mobile TeleSystems OJSC (the “Licensee”)shall comply with the expiry term of this License.

2.             The Licensee shall commencerendering communication services hereunder not later than July 15, 2005.

3.             The Licensee shall render theservices hereunder only in the territory of Krasnodar Krai.

4.             The Licensee under this Licenseshall provide subscribers and/or users with the following*:

a)             transmission of facsimile messages;

b)             transmission of messages byelectronic mail;

c)             access to information usinginfo-communication technologies.

5.             The Licensee shall rendercommunication services in accordance with the rules of renderingcommunication services adopted by the Government of the Russian Federation.

6.             Inrendering the services, the Licensee shall comply with the regulations forinterconnection and interfacing telecommunication networks adopted by theGovernment of the Russian Federation when connecting Licensee’s datatransmission network to the public communication network, connecting Licensee’sdata transmission network to other communication networks, accounting andtraffic transmission over in Licensee’s data transmission network, accountingand traffic transmission from /to other operators networks.

7.             ThisLicense is issued upon consideration of the application submitted to extend theterm of License No. 32825 dated July 15, 2005 without a public bid(tender, competition). No license requirements regarding the compliance ofLicensee’s commitments undertaken during the bid (tender, competition) for therespective license have been established.

8.             TheLicensee shall render the services hereunder in compliance with the termsestablished for the allocation of radio frequency bands, assignment of radiofrequencies and radio frequency channels.

9.             TheLicensee shall implement the requirements to communication networks andequipment necessary for operations and investigations established by theFederal executive body in the area of communications, as agreed with statebodies authorized to conduct operations and investigations, authorized Federalexecutive agency of respective competence for communication in coordinationwith state authorities in charge of surveillance operations, and shall ensureprotection of the confidential organizational and tactical techniques used forsuch operations.

10.           TheLicensee is not an universal service operator. No license requirements relatingto universal services under universal communication services agreements withauthorized executive governmental bodies are established.

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*              Theservices rendered hereunder may be accompanied by the provision of otherservices closely technologically connected with telematic communicationservices and aimed to increase their consumer value unless such services aresubject to additional licensing.

**           ThisLicense is issued as an extension of the term of License No. 32825 dated July 15,2005.

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[Seal]Deputy HeadFederal Service for Supervision in the Area of Communications  /signature/            S.A.Malyanov

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