The Technology Leap from 2G to 4G Brings New Opportunities to the Russian Telecommunication Market - Frost & Sullivan Web Conference

Frost & Sullivan's Analyst Briefing on the Russian Telecommunication Market on Wednesday, 1 September 2010, at 16.00 BST

LONDON, August 24, 2010 - Until recently, the Russian broadband market has remained fairly
undeveloped, especially in rural areas. Due to the deployment of new
technologies and increasing government support, the market is likely to grow
significantly over the next five years, welcoming new opportunities for end
users, as well as telecom operators and equipment providers. According to
Frost & Sullivan, Russia has the potential to become one of the first
countries with long term evolution (LTE) roll-outs on a large scale.

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These trends and developments will be discussed in Frost & Sullivan's
upcoming Analyst Briefing on the Russian Telecommunication Market scheduled
for Wednesday, 1 September 2010, at 16.00 BST. Edyta Kosowska, Research
Analyst from the Information and Communication Technologies group, will
discuss mobile broadband penetration growth in Russia and identify some key
potential opportunities for market participants.

"There are more and more attempts to start deploying LTE technology by
both mobile network operators and new entrants. Mobile broadband penetration
in Russia is expected to grow from 2% at the end of 2009 to 8% by 2014,
mainly due to increased 3G and 4G network coverage," notes Edyta Kosowska.
"The technology leapfrog may be especially beneficial to telecom operators,
equipment providers and end users."

However, there are still plenty of challenges to overcome, including
achieving consensus for frequency spectrum allocation. Nevertheless, by
skipping 3G/HSPA rollouts, the implementation LTE will bring significant
savings in Capital Expenditure (CAPEX) for operators, giving end users a new
experience of high-speed broadband and access to advanced services.

Frost & Sullivan's web conference will interest telecommunication
companies and network equipment, as well as application, providers.

To participate in this complimentary briefing, please email Joanna
Lewandowska at Joanna.lewandowska@frost.com, Corporate Communications, with
the following information: your full name, company name, title, telephone
number, e-mail, address, city, state and country. Upon receipt of the above
information, a registration link will be e-mailed to you. You may also
register to receive a recorded version of the briefing at anytime by
submitting the aforementioned contact details.

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    CONTACT:
    Joanna Lewandowska
    Corporate Communications
    P: +48-22-390-41-46
    E: joanna.lewandowska@frost.com
    www.frost.com

Joanna Lewandowska, Corporate Communications of Frost & Sullivan, +48-22-390-41-46, joanna.lewandowska at frost.com