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VivaCell-MTS Starts Cooperation With Quadracom - Fast And Reliable 2

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  • VivaCell-MTS Starts Cooperation With Quadracom - Fast And Reliable 2

    VIVACELL-MTS STARTS COOPERATION WITH QUADRACOM - FAST AND RELIABLE 24-HOUR SYSTEM OF ELECTRONIC PAYMENTS

    ArmInfo
    2009-05-16 11:38:00

    ArmInfo. VivaCell-MTS, a subsidiary of Mobile TeleSystems OJSC ("MTS"
    - NYSE: MBT), announces that it has signed a dealership agreement
    with electronic payments vendor Quadracom.

    Thanks to this cooperation, starting from today, VivaCell- MTS'
    postpaid and prepaid subscribers are provided an opportunity to
    recharge their prepaid accounts or settle invoices for prepaid
    services, and also pay utility bills through Quadarcom Electronic
    Payment Machines.

    By mid-June, in 30 days after the commercial launch, 70 online
    electronic payment machines of Quadracom will be located in different
    parts of Yerevan.

    Quadracom Electronic Payment Machines will provide VivaCell subscribers
    with availability and convenience to recharge their accounts and
    settle invoices: in online regime, with ease-of-use, at any time day
    and night, through three-lingual support, and with no sign up process.

    Quadracom is the seventh electronic payments vendor with
    which VivaCell-MTS is signing dealer agreement. The Company is
    successfully cooperating with TellCell, Tandem, OSMP, Mgpay, MegaPay
    and Intercoopbank. VivaCell-MTS (K-Telecom CJSC) is the leading
    Armenian mobile operator, providing a wide range of Voice and Data
    services. Since its launch on 1st July 2005, in a short period of
    time VivaCell-MTS has managed to build a natinwide network and a
    considerable customer base. VivaCell-MTS drives the development
    and offering of innovative mobile communications products, services
    and features in the Armenian mobile communications market. For more
    information, visit www.vivacell.am

    Mobile TeleSystems OJSC ("MTS") is the largest mobile phone operator
    in Russia and the CIS. Together with its subsidiaries, the Company
    services over 92.17 million subscribers. The regions of Russia, as
    well as Armenia, Belarus, Turkmenistan, Ukraine, and Uzbekistan, in
    which MTS and its associates and subsidiaries are licensed to provide
    GSM services, have a total population of more than 230 million. Since
    June 2000, MTS' Level 3 ADRs have been listed on the New York Stock
    Exchange (ticker symbol MBT).

    Additional information about MTS can be found at www.mts.ru
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