Document:

License No. 23785

 Exhibit 4.18 
  
 MINISTRY OF THE RUSSIAN FEDERATION 
 FOR TELECOMMUNICATIONS AND INFORMATION TECHNOLOGIES 
  
 LICENSE 
  

			
	A 023340	 	No. 23785

  
 In accordance with
the applicable laws of the Russian Federation 
 this permission is given to 
  
 Open Joint Stock Company 
 “Vimpel-Communications” 
  

  
 Legal Address: 
  
 10, 8 Marta street, bldg. 14, Moscow 127083 
  
 Type of Operations: 
  
 Lease of Telecommunications Channels 
  
 Conditions for carrying out this type of activity and the territory 
 are set forth in the attachment which is an integral part hereof 
  

					
	Term of validity of the License:	    	 	    	until October 4, 2007
			
	 Services to be rendered as of
 (no
later than):
	    	 	    	October 4, 2003
			
	 Date of registration of the License
 in the Unified
Register of
 Telecommunications Licenses:
	    	 	    	October 4, 2002
			
	 First Deputy
 Minister of the
Russian
 Federation for
 Telecommunications
and
	    	[Signature]	    	B.D. Antonyuk
	Information Technologies	    	[Seal]	    	 

 Ministry of the Russian Federation for Telecommunications and Information Technologies

  

 CONDITIONS FOR CARRYING OUT ACTIVITIES 
 UNDER LICENSE NO. 23785 
  
 1. OJSC “Vimpel-Communications” (the Licensee) is hereby authorized to provide local, intra-zone, inter-city communications channels and paths, physical links for transmission of telecommunications channels
to the users in the territory designated in clause 32. 
  
 The total number of
tone frequency channels (main digital channels) organized by the Licensee, including as part of digital paths, shall be at least 10,000. 
  
 (Clause 32 enumerates the regions of the Russian Federation between which inter-city telecommunications channels and paths are organized.) 
  
 2. Licensee shall by the end of the third year of operations have capacity to
organize at least 70% of the telecommunications channels of the number specified in clause 1 hereof. 
  
 3. Communications channels and paths and physical links may be provided for the purposes of organization of telecommunications network provided the their
owners hold the relevant licenses of the Ministry of the Russian Federation for Telecommunications and Information Technologies (Ministry of the Russian Federation for Telecommunications, State Committee of the Russian Federation for
Telecommunications and Information Technologies, State Committee of the Russian Federation for Telecommunications) for internal production networks which do not provide telecommunications services for a fee, including those which have a connection
to the general access telecommunications network, and for organization of subscriber lines with a view to gain access to various telecommunications networks pursuant to the construction rules of same. 
  
 Communications channels and paths and physical links may be provided for the purposes of
organization of subscriber and connection lines of local telephone networks only within the territory of the relevant geographical numbering zones. 
  
 4. Telecommunications services with the use of radio electronic devices may be provided only after a permission of the State Radio Frequencies Service of
the Ministry of the Russian Federation for Telecommunications and Information Technologies to use operating frequencies is obtained. 
  
 5. The use of communications channels and physical links of the general access telephone network for transmission of telecommunications signals shall be
effected under agreements with operators of the relevant networks and subject to tariffs applicable to the given category of users. 
  
 6. The Licensee shall provide telecommunication services provided for in this license 24 hours a day on a daily basis, except for interruptions for
necessary maintenance and repairs to be scheduled so as to minimize damage caused to the users. 
  

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 Ministry of the Russian Federation for Telecommunications and Information Technologies

  

 7. The Licensee is required to provide users with telecommunication services which comply with the
quality standards, technical parameters, certificates, and terms of the agreement for provision of telecommunication services. 
  
 8. The Licensee shall be liable to the users for failure to perform or improper performance of its obligations pursuant to the procedure and to the extent
specified by the applicable laws of the Russian Federation. 
  
 9.
The Licensee shall comply with the requirements of the Ministry of the Russian Federation for Telecommunications and Information Technologies concerning the procedure of use of telecommunications equipment in the Integrated Telecommunications
Network of the Russian Federation. 
  
 10. The Licensee shall
comply with the requirements of the Agency of Telecommunications of the Russian Federation with respect to the traffic priority and provision of services. 
  
 In situations set forth by the laws of the Russian Federation the centralized management of Licensee’s telecommunication networks shall be effected directly by the
Ministry of the Russian Federation for Telecommunications and Information Technologies. 
  
 11. At the request of the Ministry of the Russia Federation for Telecommunications and Information Technologies, the Licensee shall provide information on the technical condition and development prospects of the
network, conditions for the provision of telecommunication services and existing tariffs. 
  
 12. In case of Acts of God, quarantine or any other natural or industrial force majeure events, the governmental authorities authorized thereto shall have the right of priority utilization and suspension of the
operation of the Licensee’s network and telecommunication means. 
  
 13. The Licensee shall provide an absolute priority for all emergency messages related to personal safety at sea, or land, in the air or space, carrying out of emergency measures in the area of defense, security and law and order
enforcement in the Russian Federation, as well as for messages on significant accidents, catastrophes, epidemics, epizootic and acts of God. 
  
 14. The Licensee shall give priority to the use of telecommunication means manufactured in the Russian Federation pursuant to the Federal Law “On
Communications”. 
  
 15. Licensee’s technical facilities
can be constructed only upon availability of design documents prepared in compliance with Construction Norms and Rules and Industrial Technological Design Norms (SniP, VNTP) effective in the Russian Federation, and duly obtained approval of such
design documents. 
  
 16. The Licensee’s technical devices
shall be operated pursuant to the applicable operating norms and rules. 
  
 17. The tariffs for communications services shall be established on the contractual basis. 
  

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 Ministry of the Russian Federation for Telecommunications and Information Technologies

  

 In cases stipulated by the legislation of the Russian Federation with regard to specific types of
communications services provided by communications enterprises, the tariffs may be regulated by the state. 
  
 18. Expenses associated with design and construction of Licensee’s technical devices shall be at Licensee’s cost. 
  
 19. Specific categories of state officers, diplomatic and consulate
representatives of foreign states, representatives of international organizations, as well as specific groups of individuals may have certain privileges and priorities while using telecommunications in terms of the order of priority, procedure of
use and the amount of payment for communication services. 
  
 The
list of privileges as well as categories of officers and individuals who are entitled to such privileges and priorities shall be determined by the legislation of the Russian Federation and normative legal acts of the political subdivisions of the
Russian Federation, as well as by international treaties and agreements of the Russian Federation. 
  
 20. Use of technical means of communication owned by the Licensee or users shall be allowed subject to availability of compliance certificate of
“Svyaz” Compulsory Certification System. 
  
 Provision
of services using the communications facilities hereunder may be commenced only subject to availability of telecommunication network operating permission issued by the Russian state communications and information technologies control authority.

  
 21. The Licensee shall provide for strict confidentiality of
communications. 
  
 Any information on messages being transmitted
through the communication network of the Licensee, as well as the messages themselves may be disclosed only to the senders and addressees or their legal representatives. 
  
 Any tapping of telecommunications messages or any other limitation of communication confidentiality shall be permitted only
on the basis of the applicable legislation of the Russian Federation. 
  
 22. The Licensee shall not prevent any reviews of the technical parameters of the network by the State Telecommunications and Information Technologies Control agencies of the Russian Federation, and, if necessary, must provide such agencies
with access to its measuring devices to be used for such work. 
  
 23. During development, creation and operation of the communication network, the Licensee shall, pursuant to the legislation of the Russian Federation, render assistance and provide the criminal investigation agencies with the possibility
of carrying out such investigations using the communication network, and shall take measures to keep confidential all organizational and tactic methods of carrying out of the mentioned activities. 
  
 Should communication means be used for criminal purposes harmful for
interests of individuals, society and the state, operation of the networks and communications equipment of the Licensee may be suspended by the state bodies authorized thereto in accordance with legislation of the Russian Federation. 
  

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 Ministry of the Russian Federation for Telecommunications and Information Technologies

  

 Provision of communication channels to the users shall be effected after requirements of the Law of
the Russian Federation “On Investigation Activities in the Russian Federation” are met. 
  
 24. The Licensee shall be obliged to take measures to prevent any unauthorized access to management of the network and any unauthorized control over its
operations. 
  
 25. This License shall be governed, construed and
performed in accordance with the applicable legislation of the Russian Federation. 
  
 26. The Licensee shall operate in accordance with the regulatory acts and applicable legislation of the Russian Federation. 
  
 27. The Ministry of the Russian Federation for Telecommunications and Information Technologies reserves the right to introduce any amendments or
supplements to this license due to any changes in the applicable legislation of the Russian Federation. 
  
 28. The Licensee shall submit to local statistical agencies and to the Ministry of the Russian Federation for Telecommunications and Information
Technologies periodic and annual state statistical reports on communications in accordance with the procedure established by the State Committee for Statistics of the Russian Federation. 
  
 Violation of the procedure for submitting of statistical reports shall result in administrative liability in accordance with
the applicable legislation. 
  
 29. This License is not assignable
to any other entity. 
  
 30. The Licensee shall effect payments
out of revenues received for the rendered communications and information technologies services to the account of the Ministry of the Russian Federation for Telecommunications and Information Technologies, pursuant to the standards established under
Decree No. 380 of the Government of the Russian Federation of April 28, 2000. 
  
 Such transfers shall be effected on a monthly basis subject to the actual revenues received for the telecommunications and information technologies services rendered in the preceding calendar month, no later than the
20th day of the subsequent month. The amount to be transferred shall be adjusted on a quarterly basis upon the
provision of accounting reports to the tax agencies. 
  
 With a
view to effecting control over the adequacy of cash transfers to the account of the Ministry of the Russian Federation for Telecommunications and Information Technologies, the Licensee shall, upon written request of the management of the department
for control over telecommunications and information technologies in the relevant political subdivision of the Russian Federation, provide the corresponding accounting report form which reflects the revenues from the provided telecommunications and
information technologies services. 
  

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 Ministry of the Russian Federation for Telecommunications and Information Technologies

  

 31. The License shall be registered upon its issuance with the relevant state communications and
information technologies control agency of the Russian Federation. 
  
 In case of any changes in the mailing or banking requisites or the telephone numbers, or in case of reorganization or liquidation of the legal entity, the Licensee shall inform the Ministry of the Russian Federation for Telecommunications
and Information Technologies and the territorial department of the state communications and information technologies control service thereof. 
  
 32. The licensed area includes: 
  

					
	 Republics:
	  	Adygeya, Altai, Buryatiya, Ingushetia, Kalmykia-Khalmg Tangch, Karachaevo-Cherkesskaya, Mordovia, Sakha (Yakutija), Northern Osetia-Alania, Tyva, Udmurtskaya, Khakasia,
Chechenskaya;
		
	 Oblasts:
	  	Belgorodskaya, Bryanskaya, Ivanovskaya, Kaliningradskaya, Kostromskaya, Kurganskaya, Magadanskaya, Novgorodskaya, Orlovskaya, Permskaya, Pskovskaya, Sakhalinskaya, Ulyanovskaya,
Chitinskaya.
		
	 Aut. Oblasts:
	  	Yevreiskaya
		
	 Aut. Okrugs:
	  	Aginsky, Buryatsky, Komi-Permyatsky, Koryaksky, Nenetsky, Taimyrskiy (Dolgano-Nenets), Ust-Ordynsky Buryatsky, Khanty-Masiisky, Chukotsky, Evenkijsky,
Yamalo-Nenetsky.
		
	 Cities:
	  	Saint-Petersburg.

  

					
			
	 First Deputy Minister
 of the Russian
Federation for
 Telecommunications and
 Information
Technologies
	    	 [Signature]
	    	B.D. Antonyuk
			
	 Deputy Head of the Department
 of the
Organization
	    	 [Signature]
	    	V.N. Ugryumova
	of Licensing Activity	    	 [Seal]
	    	 

  

 6GENERAL AGREEMENT NO.1605

 Exhibit 4.48 
  
 GENERAL AGREEMENT 
  
 Agreement No. 1605 
 (as amended on
January 30, 2004) 
  

			
	Moscow	 	May 16, 1997

  
 Open Joint-Stock
Company “KB Impuls”, holder of License No. 10005, hereinafter referred to as “Impuls”, represented by N.N. Pryanishnikov, acting on the basis of power of attorney # 5 of January 30, 2004, on one side, and Open Joint-Stock Company
“Vimpel-Communications”, hereinafter referred to as “VimpelCom”, represented by its General Director, A.V. Izosimov, acting on the basis of the Charter, on the other side, have concluded this agreement (the “Agreement”
or the “General Agreement”) with respect to the following: 
  

	 	1.	Subject of the Agreement 

  
 VimpelCom shall provide agency services to Impuls on the basis of this Agreement with a view to securing the provision of cellular telecommunications
services and the additional services under “BeeLine GSM” trademark on the terms of License # 10005 for the provision of cellular telecommunications services in the GSM 900/1800 standard (hereinafter, “Bee Line GSM Services”), the
operator for which is Impuls. 
  

	 	2.	Obligations and Rights of VimpelCom 

  
 2.1 VimpelCom hereby assumes the following obligations: 
  
 2.1.1 acting in the name and for the account of Impuls, conclude and terminate agreements on provision of Bee Line GSM Services (the
“Subscriber’s Agreements”) rendered by Impuls as operator of Bee Line GSM cellular telecommunications services. 
  
 2.1.2 in furtherance of clause 1 hereof, perform the following actions: 
  

	 	•	participate in settlements between Impuls and the Subscribers, and in furtherance thereof collect payments for Bee Line GSM Services including BEEPAY payments;

  

	 	•	acting in the name and for the account of Impuls, enter into agreements providing for settlements in respect of mutual collection of payments and sale of telephone cards in the
interests on the other parties, with the operators in the VimpelCom Group companies, and effect services and settlements under such agreements; 

  

	 	•	invite third parties for implementation of clause 2.1 hereof (the “Dealers”), enter into agreements with Dealers acting in the name and for the account of Impuls, under
which the Dealers shall receive the right to enter into the Subscriber’s Agreements on behalf of Impuls pursuant to powers of attorney issuable by VimpelCom to Dealers in the course of transfer under the power of attorney from Impuls to
VimpelCom referred to in the ultimate paragraph of clause 3.1.1. hereof, and collect payments and effect settlements under such agreements with Dealers in the interests of Impuls. VimpelCom shall include in the agreements with Dealers the
information which must be provided to subscribers at the execution of Subscriber’s Agreements; 

  

	 	•	effect final settlements with subscribers on behalf of Impuls in the event of termination of Subscriber’s Agreements, and collect security deposits relating to performance by
subscribers of their payment obligations in respect of Bee Line GSM Services provided by Impuls, unless the parties agree otherwise in a separate instrument; 

  

	 	•	enter into agreements with third parties enabling provision of Bee Line GSM Services rendered by Impuls, and effect settlements under such agreements in the mane and for the account
of Impuls. 

  
 2.1.3 Provide Impuls with monthly
agent’s reports on the terms hereof. The agent’s report shall be provided without proof of costs incurred at the account of Impuls attached thereto. 
  

2.1.4 Develop and agree with Impuls on the form of standard Subscriber’s Agreement. 
  
 2.1.5 Effect settlements with Impuls pursuant to the terms hereof. 
  
 2.1.6 Provide Impuls with the information necessary for it to properly
perform its obligations hereunder. 
  
 2.2 In connection with
performance by VimpelCom of its obligation to provide agency services hereunder Impuls vests in VimpelCom all the rights necessary for performance of such obligations including the right to place advertisements relating to activities of VimpelCom as
agent of Impuls, and advertisement of Bee Line GSM Services rendered by Impuls as cellular telecommunications operator. VimpelCom shall also have the following rights: 
  
 2.2.1 receive from Impuls the information and documents required for performance of obligations hereunder being provision of
agency services on the terms hereof, 
  
 2.2.2 require from Impuls
the agency fee on the terms of this Agreement. 
  

	 	3.	Obligations and Rights of Impuls 

  
 3.1 Impuls hereby assumes the following obligations: 
  
 3.1 Provide Bee Line GSM Services pursuant to License No. 10005: 
  

	 	•	provide cellular telecommunications services to Subscribers the quality of which shall comply with the standards, technical norms, certificates and terms of the Subscriber’s
Agreement; 

  

	 	•	be liable to the subscribers in case of failure to perform or improper performance of its obligations in the manner and within the amounts set forth by the applicable laws of the
Russian Federation; 

  

	 	•	provide telecommunication services 24 hours a day every day except for interruptions for required repairs and maintenance; 

  

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	 	•	issue a power of attorney to VimpelCom transferable to Dealers on the terms hereof. 

  
 3.1.2 Provide VimpelCom with documents and information for the performance by VimpelCom of its obligations hereunder.

  
 3.1.3 Inform VimpelCom of changes in the list and description
of the Bee Line GSM Services, and provide other information necessary to enable VimpelCom to exercise its rights and obligations hereunder. 
  
 3.2 Impuls shall have the following rights: 
  
 3.2.1 use trademarks of VimpelCom on the basis of this Agreement prior to the execution and registration of the relevant trademark agreement provided that
the Parties shall forthwith take all necessary actions under the applicable law to formalize the subject rights of Impuls. 
  
 3.2.2 receive the agent’s report from VimpelCom and the cash funds as payments for Bee Line GSM Services on the terms hereof. 
  

	 	4.	Procedure of Performance of Parties’ Obligations 

  
 4.1 VimpelCom shall provide Impuls with the information on the selected number, tariff plan and list of services requested for this selected number, in
the electronic format. Within one business day Impuls shall effect the connection of the requested services. Impuls shall on daily basis provide VimpelCom with information on volumes and types of services provided for each selected number, in the
electronic format. The list and data communication methods between the software used by the Parties are subject to additional agreement. 
  
 4.2 Within 7 business days following the reported period VimpelCom shall provide to Impuls the agent’s report, and the Parties hereto shall reconcile
their accounts for the reported period. The reported period shall be one calendar month. 
  
 4.3 All cash funds collected by VimpelCom in connection with the provision of agent’s services hereunder during the reported period, less the agency fee and costs of VimpelCom incurred for the account o Impuls in
the course of rendering agency services, and the amounts returned to subscribers terminating their Subscriber’s Agreements, if any such return occurred in the subject reported period, shall be transferred to Impuls within 30 days from the
closing of the reported period. 
  
 4.4 In the course of
performance hereunder each Party hereto shall have the right to use Bee Line GSM trademark and other trademarks registered for the other Party, on the basis of agreements for the use of the relevant trademarks concluded in compliance with the
applicable laws. 
  

	 	5.	Agency Fee 

  
 For performance by VimpelCom of its obligations hereunder Impuls shall pay to VimpelCom the agency fee in the amount to be agreed upon by the Parties at
the beginning of 

  

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each reported period in the agency fee protocol, subject to the proposed scope of VimpelCom’s agent’s services to be rendered, the forecasted scope
of Bee Line GSM Services to be provided by Impuls, the marketing policy then pursued and the applicable tax laws. Agency fee may be determined as percentage of the funds collected by VimpelCom during the reported period in connection with the
provision of agent’s services hereunder, as a fixed amount or otherwise as the Parties may agree. The agency fee shall not be less than 10 per cent of the revenues received by Impuls through cooperation with VimpelCom hereunder. 
  
 The agent’s fee of VimpleCom may be adjusted by the Parties subject to
the results of the reported period. 
  

	 	6.	Liability of the Parties 

  
 The liability of the Parties for the violation of terms and conditions hereof shall be established pursuant to the current laws. 
  

	 	7.	Term and Termination of the Agreement 

  
 7.1 This Agreement shall become effective when signed by both Parties and shall be effective for one calendar year. This Agreement shall be automatically
extended for each consecutive calendar year on the same terms or other terms as the Parties may agree if no Party announces its intent to terminate this Agreement. 
  
 7.2 This Agreement may be terminated upon agreement by and between the Parties or at the initiative of either Party. This
Agreement shall be terminated pursuant to the procedure agreed upon by the Parties and established by any supplementary agreement to this Agreement. 
  
 7.3 The Parties agree to apply the terms of this draft of the General Agreement to the relations between the Parties which existed between January 01,
2004, and the execution date hereof. 
  

	 	8.	Confidentiality 

  
 The Parties agree not to transfer to any third parties information concerning this Agreement without the other Party’s consent, and not to transfer
to third parties the information on subscribers who signed Subscriber’s Agreements without the approval of the relevant subscribers, except as otherwise provided by law. The Parties can provide the information on powers vested hereby, to third
parties without any prior approval. 
  

	 	9.	Force-Majeure 

  
 Neither of the Parties shall be liable for full or partial failure to perform its obligations hereunder if such failure to perform is caused by flood,
earthquake, hostilities or other force majeure circumstances. 
  

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	 	10.	Miscellaneous 

  
 10.1 Execution of this Agreement shall not result in assignment of any rights under License # 10005 and shall not release Impuls from its responsibility
to Subscribers for performance of its terms. 
  
 10.2 The Parties
agreed that they will negotiate and execute separate agreements covering the provision by VimpleCom to Impuls of services involving lease of communication channels, subscribers’ services, provision of sales, database maintenance including
storage of Subscriber’s Agreements’ forms, records of subscribers’ payments and other services. 
  
 10.3 By February 1, 2004, VimpelCom shall prepare, negotiate with Impuls and make amendments to the model forms of Subscriber’s Agreements subject to
amendments made to the General Agreements in this draft. This will allow the Parties to start applying the updated model forms of Subscriber’s Agreements from February 1, 2004, onwards. 
  
 10.4 All amendments and additions to this Agreement shall be deemed valid
only if they are made in writing and signed by authorized representatives of both Parties. 
  
 10.5 All disputes and disagreements between the Parties hereunder shall be resolved in accordance with the laws of the Russian Federation. 
  
 10.6 This Agreement is made and signed in two counterparts, one for each Party, both counterparts being equally valid.

  

	 	11.	Legal Addresses and Requisites of the Parties 

  
 Impuls: OJSC “KB Impuls”, ul. 8 March, 10, bldg. 14, Moscow, 125083, TPN 7713050039, settlement account # 40702810500000000198 in the CB
“Planita”, correspondent account # 30101810400000000931, BIC 044585931. 
  
 VimpelCom: OJSC “Vimpel-Communications”, ul. 8 March, 10, bldg. 14, Moscow, 125083, TPN 7713076301, settlement account # 40702810200000000029 in the CB “Platina”, correspondent account # 30101810400000000931, BIC
044585931. 
  

					
	 OJSC “KB Impuls”:
	 	 	 	 OJSC “VimpelCom”:

			
	  	 	 	 	  
	
	 	 	 	

	 N.N. Pryanishnikov
 under power of attorney
 # 5 of January 30, 2004
	 	 	 	 A.V. Izosimov
 General Director

	 	 	 	 	 
	
	 	 	 	

	 Chief Accountant
	 	 	 	 Chief Accountant

  

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