SSTL targets positive EBIDTA by 2013, leadership in data market

Key elements of updated SSTL strategy as outlined by Leonid MELAMED President, Sistema JSFC on Dec 9th at the presentation of Q3 performance of Sistema

http://www.sistema.ru/doc/doc.asp?obj=79211

Data focus by launching high speed data network in top~60 cities, achievement of leadership position on data market.

Selective approach to voice by focusing on priority circles and ARPU improvement.

Effective cost management,optimization of investments in the project. Active use of managed services and outsourcing.

Further development of MTS-Indiabrand.

Targets for the updated SSTL strategy: positive EBITDA by 2013, revenues of $1.5 bln by 2014 and cumulative CAPEX through 2018 of approximately $2.3 bln