**Exhibit 4.34**

*Federal Supervisory Service forCommunications*

**Addendum No. 3**

**toLicense No. 30259 (Account Series A 030161)**

**dated December 30, 2003**

“Theconditions for the performance of activities in accordance with License No.30259” shall be revised to read as follows:

 

1.             Mobile TeleSystemsOJSC (the Licensee) shall be obliged to keep the term of this License.

 

2.             The Licensee shallbe obliged to commence the provision of communication services under thisLicense no later than on December 30, 2005.

 

3.             The Licensee shallbe obliged to provide mobile radiophone communication services (GSM 900/1800networks) in accordance with this License in the territory of theKarachai-Cherkess Republic.

 

4.            Inaccordance with this License, the Licensee shall be obliged to ensureprovisioning a subscriber with*:

a)              access to the network of the Licensee;

b)             connections on the Licensee’s mobileradiophone communication network for receiving (transferring) voice andnon-voice information ensuring the communication continuity while renderingservices, irrespective of location of the subscriber, including while hismoving;

c)              connections with subscribers and (or)users of fixed public-switched telephone networks;

d)             possibility of using GSM 900/1800 mobileradiophone communication network while being outside the territory specified inthe License;

e)              access to telematic communicationservices and data transmission services, except for data transmission for thepurpose of voice data transfer;

f)                access to the information and directory-inquiryservice;

g)             possibility of making freetwenty-four-hour calls to emergency services.

 

5.             The Licensee shallbe obliged to render communication services in accordance with rules ofrendering communication services approved by the Government of the RussianFederation.

 

6.             At renderingcommunication services, the Licensee shall be obliged to observe the rules ofconnection and interaction of electrical communication networks, approved bythe Government of the Russian Federation, when connecting the Licensee’s mobileradiophone communication network to the public-switched network, connecting theLicensee’s mobile radiophone communication network to other communicationnetworks, accounting and transferring the traffic in the Licensee’s mobileradiophone communication network,

 

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accounting and transferring the traffic from/to the communicationnetworks of other operators.

 

7.             This Licensee hasbeen issued based on results of considering the application for granting alicense without tendering (auction, competition). The license requirements forthe Licensee’s discharge of obligations undertaken by the Licensee whenparticipating in tenders (auction, competition) to obtain respective licensehave not been established.

 

8.             The Licensee shall,in the period of rendering the services under this License, adhere to the termsand conditions as set at the moment of frequencies allocation and radiofrequency or radio frequency channel assignment.

 

9.             The Licensee shallhave available the communications network management system that conforms tothe standards applied to communications network management systems, asprescribed by the Federal Executive Body acting in telecommunications.

 

10.           The Licensee, whenconducting operational-investigative activities, shall be obliged to adhere tothe requirements to networks and means of communication, as prescribed by theFederal Executive Body and approved by the authorized state bodies, and to takemeasures to prevent the disclosure of organizational or tactical techniques ofconducting of the above.

 

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*Rendering the services under this License can entail rendering otherservices, which are technically integrated into mobile radiophone services andare aimed at improvement of their customer value, provided no additional licenseis required for this purpose.

 
| **Deputy Manager,**                                |   |                |
|----------------------------------------------------|--------|---------------------|
| **Federal Supervisory Service for Communications** |   | **S. A.  Malyanov** |
|                                               |   |                |
|                                               |   |                |
|                                               |   | February 9,  2007   |

 

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