Exhibit 4.40  FEDERAL SUPERVISORY
SERVICE FOR COMMUNICATIONS  LICENCE  No. 43369  Licensee details:  Mobile
TeleSystems  Open
Joint Stock Company  Legal address (place
of residence):  109147 Moscow,
Marksistskaya St., 4  Service description:  Mobile
Radiophone Communication Services  This Licence includes
licence provisions on 2 pages  Effective
  period of Licence :
  from
  January 10, 2007 to January 10, 2012Date
  of beginning of services provision:
  January 10,
  2007 (on or prior to)  Deputy
Manager, Federal Supervisory
  Service for Communications
  S. A. Malyanov


Conditions
for Performance of Activities Under
Licence No. 43369**  1.            Mobile TeleSystems OJSC (the
Licensee) shall be obliged to keep the term of this License.  2.            The Licensee shall be obliged to
commence the provision of services under this 
License on or prior to January 10, 2007.  3.            The Licensee shall be obliged to
provide mobile radiophone communication services (GSM 900/1800 networks) under
this License in the territory of the Amur Region.  4.            In accordance with this Licence, the
Licensee shall be obliged to ensure that a subscriber is provided with*:  a)an
access to the Licensees network; b)connections
in the Licensees mobile radiophone communication network for receiving
(transferring) voice and non-voice information ensuring the communication
continuity while providing services, irrespective of location of the
subscriber, including while his/her moving; c)connections
with subscribers and (or) users of fixed public-switched telephone networks; d)possibility
of using GSM 900/1800 mobile radiophone communication network while being
outside the territory specified in the License; e)an
access to telematic communication services and data transmission services,
except for data transmission for the purpose of voice data transfer; f)an
access to call centre system; g)possibility
of making free twenty-four-hour calls to emergency services.  5.            The Licensee shall be obliged to
provide communication services in accordance with the Rules of Provision
of Communication Services approved by the Government of the Russian Federation.  6.            While provisioning communication
services, the Licensee shall be obliged to observe the Rules of Connection
and Interaction of Electrical Communication Networks, approved by the
Government of the Russian Federation, when connecting the Licensees mobile
radiophone communication network to the public-switched network, connecting the
Licensees mobile radiophone communication network to other communication
networks, accounting and transferring the traffic in the Licensees mobile
radiophone communication network, accounting and transferring the traffic
from/to the communication networks of other operators.  1


7.            This Licensee was issued based on
results of considering the application for renewal of Licence No. 33909
dated January 10, 1997 without tendering (auction, competition). The
license requirements for the Licensees discharge of obligations, undertaken by
the Licensee when participating in tenders (auction, competition) to obtain
respective license, were not established.  8.            The Licensee shall adhere to the
conditions, as established at the moment of allocation of frequencies and assignment
of a radio frequency or radio frequency channel, in the process of provision of
services under this License.  9.            The Licensee shall have available a
system to manage own communication network that should conform to the standards
applied to communication network management systems, as prescribed by the
federal executive body acting in the communication field.  10.          The Licensee shall be obliged to
adhere to the requirements for networks and means of communication regarding the
performance of investigative work, as prescribed by the federal executive body
and approved by authorized state bodies which conduct operational-investigative
activities, and to take measures to prevent the disclosure of organizational or
tactical techniques of conducting of the above.  
 *             The provision of services
stipulated by this License can entail provisioning other services which are
technically integrated into mobile radiophone services and are aimed at
improvement of their customer value, provided no additional license is required
for this purpose.  **           This Licence was issued as a renewal
of Licence No. 33909 dated January 10, 1997.  Deputy
Manager, Federal Supervisory
  Service for Communications
  (stamp)
  S. A. Malyanov  2