**Exhibit4.25**

**Ministryof Communications and Informatization****ofthe Russian Federation**

**LICENSE**

A 029425 No. **29524**

In accordance with the current laws of the Russian Federation

**MobileTeleSystems****OpenJoint Stock Company**

Legal address:

109147,Moscow, Marksistskaya St., 4

Is granted the permit to:

**Render 900 MHz mobile radiophonecommunication services**

The terms and conditions ofrendering such services and the territory are given in the Addendum being anintegral part of this License.
| License expiration date                          | December 11, 2013 |
|--------------------------------------------------|-------------------|
|                                             |              |
| Start of services’ rendering                | December 11, 2004 |
| (not later than)                                 |              |
|                                             |              |
| Date of License registration with                |              |
| The Uniform License Register for  Communications | December 11, 2003 |

 
| **First Deputy Minister of the Russian  Federation,** |              |
|-------------------------------------------------------|-------------------|
| **Ministry of Communications and  Informatization**   | **B.D. Antonyuk** |

 

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Theconditions for the performance of activities inaccordance with License No. 29524

1.  Mobile TeleSystemsOJSC (the Licensee) is hereby authorized to render cellular radiophonecommunication public-switched network services using GSM equipment, withinstallation of necessary equipment operating in frequency nominal allocated inaccordance with the established procedure, in 900 MHz band (MobileCommunications Network -900 (CC-900)), in the territory of Astrakhan Region.

 

The cellular communication services shall berendered using the Licensee’s communication network which must be a part of theuniform CC-900 cellular communication network of theRussian Federation.

 

The Licensee shall participate in the work ofthe agency authorized by the Administration of Communications of the RussianFederation to coordinate the work on establishing a uniform CC-900 network of the Russian Federation.

 

2. The aggregate ***installedcapacity of the Licensee’s network and the coverage index upon allocation of asufficient frequency resource shall be, by years, respectively, as of December31, at least:***

 

2006  -100000 numbers (20%)

2013  -  450000 numbers (40%)

 

The process of territory coverage may bespecified in implementing the conditions of this License.

 

3. The Licensee shall render the services onits licensed territory to any requesting entity if technically feasible.

 

The Licensee shall have the right to refuseproviding the services if:

 

• the service rendering may cause threat to thestate security and  defense, and threatto population health and safety;

 

• the service rendering is not possible due toany physical, topographic or any other natural hindrances;

 

• the user, under no solid arguments, rejects theterms and conditions of service rendering, or fails to pay for the servicesrendered;

 

• the user uses or intends to use thecommunications equipment for any illegal purposes, uses the services illegally,uses improperly the equipment provided, or uses uncertified equipment.

 

Any rejection shall be well-grounded.

 

4. Each subscriber of the unified CC-900 network shall have the opportunity to usethe CC-900 network established by the Licensee,irrespective of their place of registration or purchase of subscriberequipment.

 

5. CC-900 network shall ensure connection forincoming and outgoing call between CC-900 subscribers and PSTN of the RussianFederation.

 

6. Licensee’s activity aimed at integrationof its established CC-900 network with any foreign GSM networksshall be approved by the Ministry of Communications and Informatization of theRussian Federation or other body authorized by the Ministry.

 

7. The Licensee shall adhere to the existingETSI standard and relevant rules and regulations adopted in the RussianFederation.

 

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The CC-900 network shall be constructed and functionin conformity with the international instructions related to such networkorganization.

 

The Licensee’s network shall interact withsimilar networks of the Russian Federation in conformity to the General Schemeof establishment and development of GSM federal public-switched mobileradiophone communication network of the Russian Federation, as approved by theAdministration of Communications of the Russian Federation.

 

8. The CC-900 network established by the Licensee shallbe connected to the PSTN of the Russian Federation on the interurban levelaccording to the General Scheme of establishment and development of GSM federalpublic-switched mobile radiophone communication network of the RussianFederation.

 

Additional interaction between the Licensee’snetwork and the PSTN of the Russian Federation on the local level is permitted inorder to provide technical feasibility for local traffic and to enable theLicensee’s subscribers to redirect calls from the local telephone network.

 

Any additional interaction between theLicensee’s network and the PSTN of the Russian Federation on the local levelshall only be permitted if required for interurban long-distance connections.

 

Long-distance – interurban and international-communications services to the Licensee’s network subscribers shall only beprovided through the PSTN of the Russian Federation.

 

The Licensee shall have the right to usetelecommunications channels and physical circuits of the PSTN of the RussianFederation according to the tariff plans in force for the specific user group.

 

9. Numbering in the Licensee’s network shallbe in conformity with the PSTN numbering and the international GSM numbering.

 

10. Subscriber SIM-cards that ensuresubscribers’ identification and ability to pay for the services provided by theunified CC-900 network of the Russian Federation shallbe as approved by the Ministry of Communications and Informatization of theRussian Federation or other bodies authorized by the Ministry.

 

11. The Licensee’s CC-900 network shall be designed and constructedto ensure that failure level due to channel seizure at peak load does notexceed 5%.

 

12. The Licensee shall be obliged to provideits users with the services that meet quality standards, specifications, andterms and conditions of the agreement on rendering telecommunication services.

 

13. The Licensee shall account to the usersshould it fail to or improperly fulfill its obligations according to theprocedure and the extent as prescribed by the laws of the Russian Federation.

 

14. The Licensee shall provide the servicesof mobile radio communications on the 24/7 basis, except for the repair andmaintenance periods which should be scheduled for the time most convenient tothe users.

 

15. The Licensee shall arrange for adirectory-inquiry service and issue a directory of subscribers connected to thenetwork established.

 

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16. The network may be only established ifproject documentation based on the Building Specifications and Regulations, andIndustry Standards of Production Engineering adopted in the Russian Federation,as duly coordinated and approved, is available.

 

17. The Licensee shall adhere to therequirements of Administration of Communications of the Russian Federation ontraffic and service rendering.

 

If so stipulated by the laws of the RussianFederation, the Administration of Communications of the Russian Federationshall execute centralized management of Licensee’s networks.

 

18. The Licensee shall bear all expensesrelated to design and construction of Licensee’s CC-900 network, network connection to PSTN ofthe Russian Federation, coordination of EMC between the radio equipment usedand the existing radio systems, mutual settlements with the operators’ of theRussian PSTN and other CC-900 operators, development and issue ofregulatory documentation.

 

19. The Licensee shall settle trafficpayments with public-switched networks operators according to the procedureprescribed for the public-switched networks of the Russian Federation.

 

20. The service tariff plans shall be asagreed by the parties.

 

If so stipulated by the laws of the RussianFederation, the tariff plans for specific services rendered by thecommunications provider shall be set by the government.

 

All natural and legal entities shall be ableto call local special services (fire prevention service, militia, ambulance,gas service, etc) free.

 

The interconnection rates shall be set forthby the agreements, terms and conditions as agreed by the relativecommunications companies. Any arguments arising in connection to these issuesshall be considered by the court or arbitrage.

 

The subscribers shall not be charged forunsuccessful calls

 

21. Certain groups of governmental officials,diplomats or consular representatives of other states, representatives ofinternational organizations, and other customer groups using electricalcommunications, shall get priority as for queuing, priority of use and paymentconditions.

 

The lists of benefits and officials entitledto the benefits shall be determined according to the laws of the RussianFederation, legal standard acts of the constituent entities of the RussianFederation, and international contracts and agreements signed by the RussianFederation.

 

22. The Licensee shall provide freeelectrical communications for business purposes, as prescribed by theprocedures adopted by the Ministry of Communications and Informatization of theRussian Federation.

 

23. In case of natural calamities, quarantinesor other natural or man-caused states of emergency, the duly authorized statebodies shall have the priority to use or suspend operations of Licensee’snetwork or equipment.

 

24. The Licensee shall grant absolutepriority to any messages related to human safety on sea, land, air or space,urgent actions related to defense, security or law and order in the RussianFederation, as well as to major accidents, catastrophes, epidemics, epizooticsor acts of God.

 

25. The Licensee shall, if requested by theMinistry of Communications and Informatization of the Russian Federation,submit information on technical condition and perspectives of networkdevelopment, on rendering communications services and existing tariff plans.

 

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26. The Licensee shall be obliged to ensurethe observance of communication secrecy.

 

Any information relating to messagestransferred through the Licensee’s network, and these messages themselves, maybe delivered only to senders and addressee hereof, or their legitimate representatives.

 

Wire tapping, inspection of electricalcommunication messages, receiving related data, and other restrictions ofcommunication secrecy are allowed only according to the current legislation ofthe Russian Federation.

 

27. When developing, establishing andoperating the communication network, the Licensee shall be obliged, inaccordance with the legislation of the Russian Federation, to render assistanceand afford to agencies performing operational-investigative activities anopportunity to effect operational-investigative actions in the communicationnetwork, take measures to ban the disclosure of organizational and tacticalmethods of such actions.

 

Should communication facilities be abusedinfringing the interests of any person, society or state, the authorizedgovernmental bodies, in accordance with the law of the Russian Federation,shall be entitled to suspend the operation of the Licensee’s networks andcommunication facilities.

 

The connection of subscribers shall beperformed upon the implementation of requirements under the Law “OnOperational-Investigative Activities in the Russian Federation”

 

28. The Licensee shall be obliged to takemeasures to prevent unauthorized intrusion into the management of theestablished network and unauthorized control over its operation.

 

29. As advised by the Ministry ofCommunications and Informatization, the Licensee shall afford an opportunityfor testing facilities in its network, if it does not affect the operatoractivities of the Licensee.

 

30. The commencement of renderingcommunication services through the means of communication and under thisLicense shall be allowed, given that the operation of network elements isauthorized by state communication and informatization supervision bodies of theRussian Federation.

 

31. The use of technical facilities isallowed, given that there is a certificate of conformity of “Sviaz” CompulsoryCertification System.

 

32. The Licensee may not prevent the statecommunication and informatization supervision bodies of the Russian Federationfrom verifying technical parameters of the communication network and shallensure, if necessary, an access of said bodies to its measuring equipment to beused in this work.

 

33. The License shall be governed by,construed and executed in accordance with current legislation of the RussianFederation.

 

34. The Licensee shall be obliged to performits activities in accordance with current enactments and laws of the RussianFederation.

 

35. The Licensee shall provide thesubscribers of GSM-900 network established in Belarus Republic with thecapability to use its CC-900 network. The Licensee shall provide forinteraction between the GSM-900 network in Belarus Republic and CC-900 network in

 

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conformity with the requirements of the Administrationof Communications of the Russian Federation.

 

36. The Ministry of Communications andInformatization of the Russian Federation shall reserve the right to makealterations and additions to this License subject to changes in currentlegislation of the Russian Federation.

 

37. The Licensee shall be obliged to provideperiodical and annual state statistical reporting to local statistical officesand the Ministry of Communications and Informatization of the RussianFederation in accordance with the procedure established by the State Committeeof the Russian Federation for Statistics.

 

The violation of the procedure for providingstatistical reporting shall entail administrative responsibility in accordancethe current law.

 

38. The License can not be passes to anyother person.

 

39. The Licensee shall be obliged to makedeductions from revenue obtained from the provided communication andinformatization services to the account of the Ministry of Communications andInformatization of the Russian Federation under the standard established on thebasis of Government Decree No.380 dated April 28, 2000.

 

The transfer of funds shall be made on amonthly basis, proceeding from actual revenue obtained from the provision ofcommunication and informatization services for the last calendar month, nolater than on the 20-th day of the next month. The amount of funds subject totransfer shall be specified quarterly after the provision of financialstatements to tax authorities.

 

To control the completeness of funds receivedon account of the Ministry of Communications and Informatization of the RussianFederation, the Licensee, upon a written request of the management of thecommunication and informatization supervision department of the constituententity of the Russian Federation, shall provide the respective form offinancial statements reflecting the information on revenue obtained for theprovision of communication and informatization services.

 

40. The License shall be registered upon itsissuance by respective communication and informatization supervision body inthe Russian Federation.

 

In the event of change of its postal address,bank details and phone number, or reorganization or liquidation of the legalentity, the Licensee shall be obliged to inform the Ministry of Communicationsand Informatization of the Russian Federation and the communication andinformatization supervision department in the Russian Federation where theLicense was registered.

 
| **First Deputy Minister of the Russian  Federation,** |               |
|-------------------------------------------------------|--------------------|
| **Ministry of Communications and  Informatization**   | **B.D. Antonyuk**  |
|                                                  |               |
|                                                  |               |
| **Deputy Head of License Management**                 | **B. V. Vorobjev** |

 

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