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July 13, 2009

COMSTAR services in Siberia can now be paid through CyberPlat®

COMSTAR – United TeleSystems (COMSTAR-UTS, LSE: CMST), the largest operator of integrated telecommunication services in Russia and the CIS, announces that Regional Technical Center (RTC) OJSC, one of the leading communication providers in the Tyumen Region, a member of the Group of Companies COMSTAR-UTS, has provided its customers with a new opportunity to pay for fixed voice services and broadband Internet using the CyberPlat® payment system.

In 2Q 2009, RTC established partnership relations with CyberPlat®, one of the largest electronic payment systems in Russia. That has resulted in considerable expansion of payment acceptance geography for the RTC subscribers. Subscribers may use the CyberPlat® payment system to top-up their subscriber fees for such telecommunication services of COMSTAR as high-speed Internet, local, interzone and long-distance (including international traffic) telephony.

The CyberPlat® system is an ideal solution for the companies willing to offer their customers a truly up-to-date and effective service on payments for services. Convenience and promptness of payments carried out by subscribers are currently the major competitive advantage – and the new partners of CyberPlat®, as a rule, are fast to fix the positive changes in the dynamics of their business development.

CYBERPLAT OJSC is the leading Russian Internet company offering its services in the e-commerce segment, including payment processing and secure online document interchange. The company’s product CyberPlat®, the universal multibanking integrated internet-payment system, is the leader in the payment acceptance market. Currently, the CyberPlat® cash acceptance network consists of more than 400,000 outlets around the world accepting cash payments for the benefit of the leading telecommunication service providers, commercial television and numerous service providers, including Beeline, MTS, MegaFon, Tele2, NTV-Plus and many others. The CyberPlat electronic payment processing system is the member of the GSM World Association and Russian Infocommunication Union. The total turnover of the system comprised $6.5 billion in 2008. BDO Unicon is the official auditor of CyberPlat®. Check for more information about the company at

COMSTAR – United TeleSystems – is the largest fixed telephony provider in Moscow offering operators, corporate clients and individual users such services as telephony, data transmission, Internet access, pay television, and other additional services using the backbone network and access to the “last mile” in 97% of Moscow households. Additionally, the Company renders telecommunication services in six Federal Districts of the Russian Federation, as well as in Armenia and Ukraine. The subscriber base of COMSTAR-UTS as of the end of 1st quarter in 2009 includes 3.6 million residential subscribers to voice services and 795 thousand residential subscribers to broadband Internet in Moscow, as well as 310 thousand residential subscribers to broadband Internet and 1.9 million subscribers to pay television in regions of Russia and the CIS. The consolidated proceeds of the Group of Companies for 1Q 2009 comprised $334.4 million and the OIBDA margin – 37.8%. Securities of COMSTAR-UTS are admitted to the auctions at the London stock exchange under the ticker CMST. The additional information on the Group of Companies can be received at

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