Mobile Telesystems OJSC provides capital expenditures guidance for the full year of 2013. For the period, the company is planning capital expenditures of about $2.63 billion. This would be equivalent to 20% of company' anticipated revenue for the year.

Capex will be spent on rolling out LTE networks, modernizing and expanding network capacity and construction of fiber optic lines using GPON technology. The company plans to finance capex primarily with operating cash flow, and if necessary it will raise external financing.