Ukrtower and MTS Ukraine sign first rent agreements of antennaplaces

UkrTower, Ukraine’s leading tower service provider company, today announced that it will supply  antenna spaces for the Ukranian mobile communication operator MTS Ukraine on the towers owned by UkrTower. MTS Ukraine is one of the largest mobile communication operator in Ukraine in terms of the number of subscribers and coverage area, installs its antennas on UkrTower’s towers in West Region of Ukraine.

“The MTS Ukraine network covers the territory where more than 99% of the Ukrainian population. But we still search how to enhance the coverage area as well as how to reduce our operational and capital expenses. UkrTower’s proposal exactly meets both of our goals by allowing us to lease allocated space on existing and already on-air towers by sharing all kind of costs with other operators” said Kiril Dmitriev, Regional Director of West MTS Ukraine.

UkrTower’s site leasing and infrastructure sharing business model eliminates the initial investment costs for its customers, contributes to the reduction of environmental impacts, and also enables the efficient use of resources in Ukraine’s operation.

Zafer Ozbay, General Director of UkrTower, noted “We believe that our cooperation with MTS will expand to all regions of Ukraine in a short time. We are very pleased to observe that there is a big interest from all main Ukrainian Mobile operators to lease antenna space on UkrTower’s towers, which provide them with an existing, telecom ready facility for a faster network deployment while saving time, rental and maintenance costs as well as financing expenses”.

About UkrTower,

UkrTower was established in November 2008 with the vision of carrying communication everywhere. UkrTower serves to the broadcast and wireless communication industries with its new business model which eliminates the initial investment costs of tower and point of presence sites.

UkrTower’s business model on tower and point of presence hosting services gives the opportunity to the customers to transfer their time, labor and financial resources to any other operational, managerial and marketing areas while preventing the customers against field operations, tower/energy infrastructure costs and acquisition processes.

About MTS Ukraine,

PrJSC MTS Ukraine’s network covers more than 97% of the territory of Ukraine inhabited by 99% of the Ukrainian population. The company renders services to more than 17.37 million subscribers. The company holds the licenses for the provision of mobile (GSM-900/1800, CDMA-450 standard), fixed-line and international / inter-city communication as well as provides international roaming services on five continents. In 2009 its revenues totaled UAH 8.2 billion.

MTS Ukraine is 100% subsidiary of OJSC ‘Mobile TeleSystems’ (NYSE: MBT), the largest mobile operator in Russia and CIS countries. Together with its subsidiaries, OJSC ‘Mobile TeleSystems’ serves more than 98.98 million subscribers. Population of 82 Russian regions, as well as Armenia, Belarus, Ukraine, Uzbekistan and Turkmenistan, where MTS and its subsidiaries are licensed to provide services in GSM standard, is more than 230 million people. Since June 2000, MTS is listed on the New York Stock Exchange under the ticker symbol MBT.
MTS worth $ 9.7 billion the third consecutive year, is recognized the most expensive Russian brand according to the rating BRANDZ ™, published by Financial Times and a leading international research agency Millward Brown. For more information about the company can be found at