On 30 June, MTS successfully places over 15% of its shares on the New York Stock Exchange under the MBT ticker, raises $323 mn and immediately becomes Russia's biggest telecom company by capitalisation.

Expansion in the children's goods market

Detsky Mir opens its first supermarkets in Russian cities.

WEF membership and corporate governance enhencement

Sistema becomes a member of the World Economic Forum (WEF), joins the special program for the corporate governance development and adopts all the principles recommended by the WEF. Sistema is among the first Russian companies to engage independent directors and the first of big non-public companies in the country to disclose its shareholders.

The beginning of the monobrand mobile retail

The merger of MTS and Russian Telephone Company (RTC) marks the emergence of the country's biggest chain of mobile phone stores.