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	<title>Stock Blog Hub &#187; Mobile Telesystems OJSC</title>
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		<title>(VIP) VimpelCom to Proceed With Wireless Operator in Laos</title>
		<link>http://www.stockbloghub.com/2010/04/05/vip-vimpelcom-to-proceed-with-wireless-operator-in-laos/32816</link>
		<comments>http://www.stockbloghub.com/2010/04/05/vip-vimpelcom-to-proceed-with-wireless-operator-in-laos/32816#comments</comments>
		<pubDate>Tue, 06 Apr 2010 03:55:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[MBT]]></category>
		<category><![CDATA[MICC]]></category>
		<category><![CDATA[Millicom International Cellular SA]]></category>
		<category><![CDATA[Mobile Telesystems OJSC]]></category>
		<category><![CDATA[Vimpel-Communications]]></category>
		<category><![CDATA[VIP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32816</guid>
		<description><![CDATA[Russian wireless carrier VimpelCom (VIP) reported its plans to proceed with the acquisition of a majority stake in Millicom Lao Co. Ltd., a wireless operator with operations in Laos. This clears the ongoing uncertainty surrounding the completion of the deal, which was originally scheduled for completion by the end of 2009. VimpelCom signed a pact in September 2009 to acquire a 78% stake in Millicom Lao Co Ltd from Netherlands-based Millicom Holding B.V., a subsidiary of telecom operator Millicom International Cellular (MICC) for approximately $66 million. The remaining 22% stake will continue to be held by the Government of Laos. The transaction has been delayed pending clearance by the Government of Laos. However, VimpelCom expects to receive the necessary regulatory approvals soon to close the deal. VimpelCom’s statement follows Millicom’s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/05/vip-vimpelcom-to-proceed-with-wireless-operator-in-laos/32816/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MBT) Mobile TeleSystems Hit by Hefty Write-offs</title>
		<link>http://www.stockbloghub.com/2010/04/01/mbt-mobile-telesystems-hit-by-hefty-write-offs/32652</link>
		<comments>http://www.stockbloghub.com/2010/04/01/mbt-mobile-telesystems-hit-by-hefty-write-offs/32652#comments</comments>
		<pubDate>Thu, 01 Apr 2010 21:45:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[MBT]]></category>
		<category><![CDATA[Mobile Telesystems OJSC]]></category>
		<category><![CDATA[Vimpel-Communications]]></category>
		<category><![CDATA[VIP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32652</guid>
		<description><![CDATA[Mobile TeleSystems (MBT), Eastern Europe’s largest cellular operator, reported disappointing results for fourth-quarter 2009. The carrier reported a net loss of $26.1 million (or 7 cents per ADS) versus a net profit of $171.2 million in the year-ago quarter. The prior-year quarter’s figures were restated by the carrier to include the results of its subsidiary Comstar-UTS, a leading telecom solutions provider in Russia and the CIS (Commonwealth of Independent States). Fourth quarter results were dragged down by one-time charges of $368 million in investment-related write-downs and $86 million in asset impairment charges associated with the company’s acquisition of Comstar-UTS. The bottom-line was also hit by a large tax provision. Adjusted (excluding write-offs) earnings per ADS of 80 cents missed the Zacks Consensus Estimate of $1.29. Net income for 2009 was ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/01/mbt-mobile-telesystems-hit-by-hefty-write-offs/32652/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BWA) Indian Telecom Regulators Reveal Wireless Spectrum Bidders</title>
		<link>http://www.stockbloghub.com/2010/03/23/bwa-indian-telecom-regulators-reveal-wireless-spectrum-bidders/31435</link>
		<comments>http://www.stockbloghub.com/2010/03/23/bwa-indian-telecom-regulators-reveal-wireless-spectrum-bidders/31435#comments</comments>
		<pubDate>Tue, 23 Mar 2010 17:46:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Parts]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[BorgWarner Inc.]]></category>
		<category><![CDATA[BT]]></category>
		<category><![CDATA[BT Group plc]]></category>
		<category><![CDATA[BWA]]></category>
		<category><![CDATA[Deutsche Telekom AG]]></category>
		<category><![CDATA[DT]]></category>
		<category><![CDATA[France Telecom]]></category>
		<category><![CDATA[FTE]]></category>
		<category><![CDATA[Mahanagar Telephone Nigam Limited]]></category>
		<category><![CDATA[MBT]]></category>
		<category><![CDATA[Mobile Telesystems OJSC]]></category>
		<category><![CDATA[MTE]]></category>
		<category><![CDATA[QCOM]]></category>
		<category><![CDATA[QUALCOMM Inc]]></category>
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		<category><![CDATA[Verizon Communications Inc.]]></category>
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		<category><![CDATA[Vodafone Group plc]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31435</guid>
		<description><![CDATA[The Indian telecom regulator Department of Telecommunication (DoT) has divulged the names of the bidders for the upcoming 3G WCDMA spectrum (radio airwave) and broadband wireless access (BWA) auction in the country. The auctions have attracted 20 applicants who will vie for a chunk of the spectrum to roll-out next-generation services in the world’s fastest growing wireless market. A total of 9 companies have enrolled to bid for the 3G auction while the BWA auction will have 11 bidders. The 3G bidders include major privately-held carriers Bharti Airtel, Vodafone’s (VOD) Indian arm Vodafone Essar, Tata Teleservices, Reliance Communications, Idea Cellular and Aircel. The remaining 3G applicants are the minnow S Tel and new entrants such as UAE-based Emirates Telecommunication Corporation (Etisalat) and Videocon Telecommunications. Etisalat is yet to launch its ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VIP) VimpelCom&#8217;s Earnings Report Trails Expectations</title>
		<link>http://www.stockbloghub.com/2010/03/19/vip-vimpelcoms-earnings-report-trails-expectations/31357</link>
		<comments>http://www.stockbloghub.com/2010/03/19/vip-vimpelcoms-earnings-report-trails-expectations/31357#comments</comments>
		<pubDate>Fri, 19 Mar 2010 22:54:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[MBT]]></category>
		<category><![CDATA[Mobile Telesystems OJSC]]></category>
		<category><![CDATA[Vimpel-Communications]]></category>
		<category><![CDATA[VIP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31357</guid>
		<description><![CDATA[VimpelCom (VIP) reported lower-than-expected fourth quarter 2009 results with earnings per ADS of 27 cents largely missing the Zacks Consensus Estimate of 44 cents, due to lower revenue, higher expenses and adverse currency fluctuations. For 2009, earnings per ADS of $1.08 fell short of the Zacks Consensus Estimate of $1.36. The second-largest Russian telecom carrier, which offers services under the “Beeline&#8221; moniker, reported a quarterly net income of $283 million, compared to a net loss of $816 million (or 81 cents per ADS) in the year-ago quarter, which was hit by a hefty impairment charge and foreign exchange losses. Revenue Operating revenues declined 9.6% year over year to $2.31 billion, below the Zacks Consensus Estimate of $2.81 billion, largely due to declines across major CIS markets. Revenue from the wireless ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/19/vip-vimpelcoms-earnings-report-trails-expectations/31357/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VIP) VimpelCom Falls Behind Expectations</title>
		<link>http://www.stockbloghub.com/2009/11/25/vip-vimpelcom-falls-behind-expectations/21381</link>
		<comments>http://www.stockbloghub.com/2009/11/25/vip-vimpelcom-falls-behind-expectations/21381#comments</comments>
		<pubDate>Thu, 26 Nov 2009 05:54:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[MBT]]></category>
		<category><![CDATA[Mobile Telesystems OJSC]]></category>
		<category><![CDATA[Vimpel-Communications]]></category>
		<category><![CDATA[VIP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21381</guid>
		<description><![CDATA[VimpelCom (VIP) reported third-quarter 2009 earnings of 42 cents per ADS (based on an average exchange rate of 31.26 RUR/US$) that narrowly missed the Zacks Consensus Estimate of 44 cents. However, the result beat the year-ago earnings per ADS of 27 cents. The second-largest Russian telecom carrier reported quarterly net income of RUR13.5 billion (US$432 million), more than double the net income of RUR6.5 billion (US$208 million) reported in the year-ago quarter. This significant year-over-year growth is largely attributable to foreign exchange gains from a strong Russian ruble versus the US dollar. Operating revenue increased 3.5% year over year to RUR71.3 billion (US$2.3 billion) as growth across Russia, Kazakhstan, Uzbekistan and Tajikistan was partly offset by declines in Ukraine and Armenia. Revenue from the wireless operation was RUR60.7 billion (US$1.9 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/25/vip-vimpelcom-falls-behind-expectations/21381/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MBT) Mobile TeleSystems Tops Expectations, Economy &amp; Currency Exchange Hurt Sales</title>
		<link>http://www.stockbloghub.com/2009/11/16/mbt-mobile-telesystems-tops-expectations-economy-currency-exchange-hurt-sales/20682</link>
		<comments>http://www.stockbloghub.com/2009/11/16/mbt-mobile-telesystems-tops-expectations-economy-currency-exchange-hurt-sales/20682#comments</comments>
		<pubDate>Tue, 17 Nov 2009 01:21:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[MBT]]></category>
		<category><![CDATA[Mobile Telesystems OJSC]]></category>
		<category><![CDATA[Vimpel-Communications]]></category>
		<category><![CDATA[VIP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20682</guid>
		<description><![CDATA[Mobile TeleSystems (MBT), Eastern Europe’s largest cellular operator, announced results for third-quarter 2009 with earnings per ADS of $1.31 exceeding the Zacks Consensus Estimate of $1.17. Net income, however, dipped 4.1% year over year to $494.4 million on lower revenue and higher interest expenses on US dollar denominated debt. Revenue, ARPU &#38; Churn Consolidated revenue declined 19.4% year over year to $2.27 billion, affected by the macroeconomic volatily across key markets and unfavorable exchange rate (rouble versus dollar) movements which hurt the company’s dollar-denominated revenues. On a geographic basis, revenue increased in Russia (7.2% year over year) and Turkmenistan (113.2%) while declining in Ukraine (1.7%), Uzbekistan (1.9%)and Armenia (3.1%). In Russia , churn (customer switch) increased sequentially and year over year while ARPU (average revenue per user) increased from the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/16/mbt-mobile-telesystems-tops-expectations-economy-currency-exchange-hurt-sales/20682/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MBT) Mobile TeleSystems Confirms Outlook &#8211; Ups CapEx Spending</title>
		<link>http://www.stockbloghub.com/2009/10/20/mbt-mobile-telesystems-confirms-outlook-ups-capex-spending/18255</link>
		<comments>http://www.stockbloghub.com/2009/10/20/mbt-mobile-telesystems-confirms-outlook-ups-capex-spending/18255#comments</comments>
		<pubDate>Tue, 20 Oct 2009 22:55:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[MBT]]></category>
		<category><![CDATA[Mobile Telesystems OJSC]]></category>
		<category><![CDATA[Vimpel-Communications]]></category>
		<category><![CDATA[VIP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18255</guid>
		<description><![CDATA[Russia’s incumbent telecom carrier Mobile TeleSystems (MBT) released its 2009 outlook yesterday. The company has lifted its capital expenditure (CapEx) guidance to $1.8 billion from $1.5 billion as per the previous guidance. This increase is primarily due to the expected growth in capital spending in Central Asian markets and appreciation of the ruble against the US dollar. While the revised CapEx for 2009 is lower than $2.2 billion spent in 2008, as a percentage of sales it still remains at 22%. In contrast, the company’s archrival VimpelCom (VIP) is expected to spend 12%-15% of sales in 2009. Mobile TeleSystems plans to invest approximately $450 million in 2009 in 3G network infrastructure and expansion of its proprietary distribution network. Moreover, the company has earmarked $350 million for the maintenance of its ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/20/mbt-mobile-telesystems-confirms-outlook-ups-capex-spending/18255/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MBT) Mobile TeleSystems Acquires Stake In Comstar-UTS</title>
		<link>http://www.stockbloghub.com/2009/10/14/mbt-mobile-telesystems-acquires-stake-in-comstar-uts/17594</link>
		<comments>http://www.stockbloghub.com/2009/10/14/mbt-mobile-telesystems-acquires-stake-in-comstar-uts/17594#comments</comments>
		<pubDate>Wed, 14 Oct 2009 17:00:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[MBT]]></category>
		<category><![CDATA[Mobile Telesystems OJSC]]></category>
		<category><![CDATA[Vimpel-Communications]]></category>
		<category><![CDATA[VIP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17594</guid>
		<description><![CDATA[Mobile TeleSystems (MBT), Russia and Eastern Europe’s largest cellular operator, has reportedly acquired a 50.91% stake in Comstar-United TeleSystems (Comstar-UTS), a leading integrated telecommunication solution provider in Russia and the CIS. The incumbent Russian telecom carrier has acquired the stake from AFK Sistema, a Russia-based financial and industrial holding company, for RUR39.15 billion (US$1.32 billion) having received all the necessary regulatory approvals for the transaction. Comstar-UTS comprises fixed-line operator Moscow City Telephone Network (“MGTS&#8221;) and STREAM-TV, a leading Russian cable TV and Internet service provider. The company holds a major share in the broadband and IPTV markets in Moscow. Comstar-UTS also offers value-added “Triple-Play&#8221; bundled (voice, Internet and pat-TV) services to its customers. Comstar-UTS currently operates in 70 Russian cities, covering a total population of over 48 million people. At ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/14/mbt-mobile-telesystems-acquires-stake-in-comstar-uts/17594/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VIP) Gains Help VimpelCom Blowout Earnings Forecasts</title>
		<link>http://www.stockbloghub.com/2009/08/28/vip-gains-help-vimpelcom-blowout-earnings-forecasts/13818</link>
		<comments>http://www.stockbloghub.com/2009/08/28/vip-gains-help-vimpelcom-blowout-earnings-forecasts/13818#comments</comments>
		<pubDate>Fri, 28 Aug 2009 23:57:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[MBT]]></category>
		<category><![CDATA[Mobile Telesystems OJSC]]></category>
		<category><![CDATA[Vimpel-Communications]]></category>
		<category><![CDATA[VIP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13818</guid>
		<description><![CDATA[Yesterday, VimpelCom (VIP) posted second-quarter profit of 69 cents per ADR (based on an average exchange rate 32.21 RUR/US$) that outpaced both the Zacks Consensus Estimate of 42 cents and the year-ago earnings of 46 cents. The company reported quarterly net income of RUR22.6 billion ($701.5 million), more than double the net income of RUR11.1 ($345 million) reported in the year-ago period. This significant year-over-year growth was largely attributable to the RUR10.6 billion ($329 million) in foreign exchange gains from a strong ruble versus the US dollar. VimpelCom’s net operating revenue in the quarter was RUR69.0 billion ($2.1 billion), reflecting 12% and 3.3% increase over the year-ago and the previous quarter, respectively. While sales from its wireless operation came in at RUR58.2 billion ($1.8 billion), the fixed-line business generated revenue ]]></description>
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