Document:

Exhibit 4.34

Federal Supervisory Service for
Communications

Addendum No. 3

to
License No. 30259 (Account Series A 030161)

dated December 30, 2003

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

 

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 communication services under this
License no later than on December 30, 2005.

 

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

 

4.            In
accordance with this License, the Licensee shall be obliged to ensure
provisioning a subscriber with*:

a)              access to the network of the Licensee;

b)             connections on the Licensee’s mobile
radiophone communication network for receiving (transferring) voice and
non-voice information ensuring the communication continuity while rendering
services, irrespective of location of the subscriber, including while his
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)              access to telematic communication
services and data transmission services, except for data transmission for the
purpose of voice data transfer;

f)                access to the information and directory-inquiry
service;

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

 

5.             The Licensee shall
be obliged to render communication services in accordance with rules of
rendering communication services approved by the Government of the Russian
Federation.

 

6.             At rendering
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.

 

7.             This Licensee has
been issued based on results of considering the application for granting a
license 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
have not been established.

 

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

 

9.             The Licensee shall
have available the communications network management system that conforms to
the standards applied to communications network management systems, as
prescribed by the Federal Executive Body acting in telecommunications.

 

10.           The Licensee, when
conducting operational-investigative activities, shall be obliged to adhere to
the requirements to networks and means of communication, as prescribed by the
Federal Executive Body and approved by the authorized state bodies, and to take
measures to prevent the disclosure of organizational or tactical techniques of
conducting of the above.

 

*Rendering the services under this License can entail rendering 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.

 

	
  Deputy Manager,

  	
   

  	
   

  
	
  Federal Supervisory Service for Communications

  	
   

  	
  S. A.
  Malyanov

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  February 9,
  2007Exhibit
4.35

 

Ministry
of Communications and Informatization

of the
Russian Federation

 

LICENSE

 

A 030162 No. 30260

In accordance with the current laws of the Russian Federation

 

Mobile
TeleSystems

Open
Joint Stock Company

 

Legal address:

 

109147,
Moscow, Marksistskaya St., 4

 

Is granted the permit to:

 

Render 900/1800 MHz mobile
radiophone communication services

 

The terms and conditions of
rendering such services and the territory are given in the Addendum being an
integral part of this License.

 

	
  License expiration date

  	
   

  	
  December 30,
  2013

  
	
   

  	
   

  	
   

  
	
  Start of
  services’ rendering

  	
   

  	
  June 30,
  2005

  
	
  (not later
  than)

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Date of
  License registration with

  	
   

  	
   

  
	
  The Uniform
  License Register for Communications

  	
   

  	
  December 30,
  2003

  
	
   

  	
   

  	
   

  
	
  First
  Deputy Minister of the Russian Federation,

  	
   

  	
   

  
	
  Ministry
  of Communications and Informatization

  	
   

  	
  B.D. Antonyuk

  

 

 

The conditions for the performance of activities

in accordance with License No. 30260

 

1.               Mobile TeleSystems
OJSC (the Licensee) is hereby authorized to render cellular radiophone
communication public-switched network services using GSM equipment, with
installation of necessary equipment operating in frequency nominal allocated in
accordance with the established procedure, in 900 MHz and 1800 MHz band, in the
territory of the Republic of Dagestan.

 

The cellular communication services shall be rendered using the
Licensee’s communication network which must be a part of the uniform GSM
cellular communication network of the Russian Federation.

 

The Licensee shall
participate in the work of the agency authorized by the Administration of
Communications of the Russian Federation to coordinate the work on establishing
a uniform GSM mobile radiophone public-switched communication network of the
Russian Federation.

 

2.               The aggregate installed
capacity of the Licensee’s network and the coverage index upon allocation of a
sufficient frequency resource shall be, by years, respectively, as of December
31, at least:

 

2006 - 60000 numbers (15%)

2013 - 400000 numbers (60%)

 

The rate of
territory coverage may be specified in implementing the conditions of this
License.

 

3.               The network of the
Licensee shall be established in accordance with the General Scheme of
establishment and stage-by-stage development of Russian GSM public-switched
mobile radiophone communication network which provides for the organization of
necessary interaction with networks of other operators.

 

The
GSM-900/1800 network established by the Licensee shall be connected to the
public-switched communication network of the Russian Federation, at the
long-distance level, in accordance with the General Scheme of establishment and
stage-by-stage development of GSM public-switched mobile radiophone
communication network of the Russian Federation.

 

Additional
interaction of the Licensee’s network with PSTN at the local level is allowed
to ensure a technical possibility to transfer local traffic and render an
additional service relating to call forwarding from the local telephone network
to subscribers of the Licensee’s network.

 

At that, the
additional interaction of the Licensee’s network with PSTN at the local level
is allowed only subject to implementation of the long-distance level of the
Licensee’s network connection to PSTN in accordance with the General Scheme.

 

4.               Any Licensee’s
activity aimed at interaction of its established network with any foreign
mobile communication networks shall be approved by the Administration of
Communications of the Russian Federation or other body authorized by the
Administration.

 

5.               The Licensee shall
adhere to the rules and regulations adopted in the Russian Federation, ETSI
standards as established by the Administration of Communications for GSM
telecommunications.

 

6.               The activity of the
Licensee relating to the use of GSM communication network infrastructure shall
be performed as agreed by the parties and in accordance with non-discrimination
principles.

 

7.               Numbering in the
Licensee’s network shall be in conformity with the PSTN numbering and the
numbering requirements of the terrestrial mobile service.

 

 

8.               The Licensee’s
network shall be designed and constructed to ensure that telecommunications
failure level at peak load does not exceed 5%.

 

9.               The network shall
be only established, if project documentation based on the General Scheme of
establishment and development of GSM federal public-switched mobile radiophone
communication network of the Russian Federation, Building Specifications and
Regulations, and Industry Standards of Production Engineering adopted in the
Russian Federation, as duly coordinated and approved, is available.

 

10.         The Licensee shall render
the services on its licensed territory to any requesting entity if technically
feasible.

 

The Licensee shall have the
right to refuse providing the services if:

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

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

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

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

 

Any rejection shall be
well-grounded.

 

11.         The Licensee shall
provide the telecommunications services through the network established to all
users of the GSM federal public-switched mobile radiophone communication network
of the Russian Federation irrespective of their place of registration or
purchase of subscriber equipment.

 

Roaming
services in the same constituent entity of the Russian Federation shall not be
organized between different operators’ same-standard networks.

 

12.         The Licensee shall
provide its mobile subscribers with the opportunity to call local special
services (fire prevention service, militia, ambulance, gas service, etc) free,
irrespective of their location in the license territory.

 

13.         Long-distance –
interurban and international- communications services to the Licensee’s network
subscribers shall be provided through the PSTN in conformity with the General
Scheme of establishment and development of GSM federal public-switched mobile
radiophone communication network of the Russian Federation.

 

14.         The Licensee shall be
obliged to provide its users with the services that meet quality standards,
specifications, and terms and conditions of the agreement on rendering
telecommunication services.

 

15.         The Licensee shall
account to the users should it fail to or improperly fulfill its obligations
according to the procedure and the extent as prescribed by the laws of the
Russian Federation.

 

16.         The Licensee shall
provide the services on the 24/7 basis, except for the repair and maintenance
periods which should be scheduled for the time most convenient to the users.

 

17.         The Licensee shall
arrange for a directory-inquiry service and issue a directory of subscribers
connected to the network established.

 

 

18.         Subscriber SIM-cards that
ensure subscribers’ identification and ability to pay for the services provided
by the GSM federal public-switched mobile radiophone communication network of
the Russian Federation shall conform to the unified numbering as specified for
such cards by the Administration of Communications of the Russian Federation.

 

19.         The Licensee shall have
the right to use telecommunications channels and physical circuits of the PSTN
of the Russian Federation according to the tariff plans in force for the
specific user group.

 

20.         The Licensee shall adhere
to the requirements of Administration of Communications of the Russian
Federation on traffic and service rendering.

 

If so
stipulated by the laws of the Russian Federation, the Administration of
Communications of the Russian Federation or other body authorized by the
Administration shall execute centralized management of Licensee’s networks.

 

21.         The Licensee shall bear
all expenses related to development of general scheme of GSM federal public-switched
mobile radiophone communication network, design and construction of Licensee’s
network, network connection to PSTN of the Russian Federation, allocation of
frequencies necessary to establish the network, elaboration of EMC principles
between the radio equipment used and the existing radio systems, mutual
settlements with the operators’ of the Russian PSTN and other GSM operators,
development and issue of regulatory documentation.

 

22.         The Licensee shall settle
traffic payments with public-switched networks operators according to the
procedure prescribed for the public-switched networks of the Russian
Federation.

 

23.         The service tariff plans
shall be as agreed by the parties.

 

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

 

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

 

The subscribers shall not be charged for unsuccessful calls.

24.         Certain groups of
governmental officials, diplomats or consular representatives of other states,
representatives of international organizations, and other customer groups using
electrical communications, shall get priority as for queuing, priority of use
and payment conditions.

 

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

 

25.         The Licensee shall
provide free electrical communications for business purposes, as prescribed by
the procedures adopted by the Ministry of Communications and Informatization of
the Russian Federation.

 

26.         In case of natural
calamities, quarantines or other natural or man-caused states of emergency, the
duly authorized state bodies shall have the priority to use or suspend
operations of Licensee’s network or equipment.

 

27.         The Licensee shall grant
absolute priority 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
Russian Federation, as well as to major accidents, catastrophes, epidemics,
epizootics or acts of God.

 

 

28.         The Licensee shall, if
requested by the Ministry of Communications and Informatization of the Russian
Federation, submit information on technical condition and perspectives of
network development, on rendering communications services and existing tariff
plans.

 

29.         The Licensee shall be
obliged to ensure the observance of communication secrecy.

 

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

 

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

 

30.         When developing,
establishing and operating the communication network, the Licensee shall be
obliged, in accordance with the legislation of the Russian Federation, to
render assistance and afford to agencies performing operational-investigative
activities an opportunity to effect operational-investigative actions in the
communication network, take measures to ban the disclosure of organizational
and tactical methods of such actions.

 

Should
communication facilities be abused infringing the interests of any person,
society or state, the authorized governmental bodies, in accordance with the
law of the Russian Federation, shall be entitled to suspend the operation of
the Licensee’s networks and communication facilities.

 

The connection
of subscribers shall be performed upon the implementation of requirements under
the Law “On Operational-Investigative Activities in the Russian Federation ”

 

31.         The Licensee shall be
obliged to take measures to prevent unauthorized intrusion into the management
of the established network and unauthorized control over its operation.

 

32.         As advised by the
Ministry of Communications and Informatization, the Licensee shall afford an
opportunity for testing facilities in its network, if it does not affect the
operator activities of the Licensee.

 

33.         The commencement of
rendering communication services under this License shall be allowed, given
that the operation of network elements is authorized by state communication and
informatization supervision bodies of the Russian Federation.

 

34.         The use of technical
facilities is allowed, given that there is a certificate of conformity of “Sviaz”
Compulsory Certification System.

 

35.         The Licensee may not
prevent the state communication and informatization supervision bodies of the
Russian Federation from verifying technical parameters of the communication
network and shall ensure, if necessary, an access of said bodies to its
measuring equipment to be used in this work.

 

36.         The License shall be
governed by, construed and executed in accordance with current legislation of
the Russian Federation.

 

37.         The Licensee shall be
obliged to perform its activities in accordance with current enactments and
laws of the Russian Federation.

 

 

38.         The Ministry of
Communications and Informatization of the Russian Federation shall reserve the
right to make alterations and additions to this License subject to changes in
current legislation of the Russian Federation.

 

39.         The Licensee shall be
obliged to provide periodical and annual state statistical reporting to local
statistical offices and the Ministry of Communications and Informatization of
the Russian Federation in accordance with the procedure established by the
State Committee of the Russian Federation for Statistics.

 

The violation
of the procedure for providing statistical reporting shall entail
administrative responsibility in accordance the current law.

 

40.         The License can not be
passes to any other person.

 

41.         The Licensee shall be
obliged to make deductions from revenue obtained from the provided
communication and informatization services to the account of the Ministry of
Communications and Informatization of the Russian Federation under the standard
established on the basis of Government Decree No.380 dated April 28, 2000.

 

The transfer
of funds shall be made on a monthly basis, proceeding from actual revenue
obtained from the provision of communication and informatization services for
the last calendar month, no later than on the 20-th day of the next month. The
amount of funds subject to transfer shall be specified quarterly after the
provision of financial statements to tax authorities.

 

To control the
completeness of funds received on account of the Ministry of Communications and
Informatization of the Russian Federation, the Licensee, upon a written request
of the management of the communication and informatization supervision
department of the constituent entity of the Russian Federation, shall provide
the respective form of financial statements reflecting the information on
revenue obtained for the provision of communication and informatization
services.

 

42.         The License shall be
registered upon its issuance by respective communication and informatization
supervision body in the Russian Federation.

 

In the event
of change of its postal address, bank details and phone number, or
reorganization or liquidation of the legal entity, the Licensee shall be
obliged to inform the Ministry of Communications and Informatization of the
Russian Federation and the communication and informatization supervision
department in the Russian Federation where the License was registered.

 

	
  First Deputy Minister of the Russian Federation,

  	
   

  	
   

  
	
  Ministry
  of Communications and Informatization

  	
   

  	
  B.D. Antonyuk

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Head of
  License Management

  	
   

  	
  N.M. Popov

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