|Mobil'nye TeleSistemy OAO (Mobile TeleSystems OJSC or MTS OAO) is a Russia-based telecommunications provider. The Company focuses on the provision of a range of mobile and fixed line voice and data telecommunications services, including transmission, broadband, pay-television and various value-added services, as well as the distribution equipment and accessories. It is active domestically and abroad, including the Commonwealth of Independent States countries. MTS OAO operates through numerous branches, subsidiaries and affiliated companies. As of November 3, 2010, the Company's major shareholder was AFK Sistema OAO, with a stake of 31.92%.