Glossary

MOU — Minutes of Usage
ARPU — Average Revenue Per User
GPON — Gigabit Passive Optical Network
3G — 3rd Generation
4G — 4th Generation
LTE — Long-Term Evolution
TDD — Time Division Duplex
FDD — Frequency Division Duplex
M2M — Machine-To-Machine
SaaS — Software as a Service
HSPA+ — High Speed Packet Access Plus
MVNO — Mobile Virtual Network Operator
CDMA — Code Division Multiple Access
GSM — Global System for Mobile Communications
Wi-Fi — Wireless Fidelity
UMTS — Universal Mobile Telecommunications System
VAS — Value Added Services
BBA — Broadband Access
FOCL — Fibre Optic Communication Line
OIBDA — Operating Income Before Depreciation And Amortization
CAPEX — CAPital EXpenditure
MICEX — Moscow Interbank Currency Exchange, Russia
Moscow Stock Exchange — the largest stock exchange holding in Russia and Eastern Europe
NYSE — New York Stock Exchange, USA
Bank of Russia — Central Bank of the Russian Federation
SEC — The United States Securities and Exchange Commission, USA
ADR — American Depositary Receipts
IFRS — International Financial Reporting Standards
RFRS — Russian Financial Reporting Standards
CSR — Corporate Social Responsibility