Exhibit 4.326

FEDERAL SERVICE FOR SUPERVISION IN THE SPHERE OF TELECOM,
INFORMATION TECHNOLOGIES AND MASS COMMUNICATIONS

LICENSE

No. 101245 dated July 25, 2012

To render

data communication services for the purposes of
voice data communication

This license has been granted to

Public Joint Stock Company

“Mobile TeleSystems”

Legal Entity (Individual Entrepreneur) Primary State Registration Number
(PSRN/OGRN, OGRNIP)

1027700149124

Tax Identification Number (TIN/INN)

7740000076

Principal place of business (residence):

109147, Moscow, Marksistskaya St., 4

The territory of the services is specified in appendix hereto.

This license is valid through:

July 25, 2022

This license is issued based on the decision of the licensing authority - Order No. 724 dated July 25, 2012

This license has an appendix which is as an integral part hereof and executed in four sheets

Deputy Head

(signature) O. A. Ivanov

Official seal:

MINISTRY OF TELECOM AND MASS COMMUNICATIONS OF THE RUSSIAN FEDERATION

FEDERAL SERVICE FOR SUPERVISION IN THE SPHERE OF TELECOM, INFORMATION TECHNOLOGIES AND MASS COMMUNICATIONS

PSRN 1087746736296

CN 036945

Appendix to License No. 101245 **

Licensing Requirements

1. Public Joint Stock Company “Mobile TeleSystems” (the licensee) shall keep the term of this license.

Short company name:

PJSC “MTS”

PSRN 1027700149124

TIN 7740000076

Principal place of business:

109147, Moscow, Marksistskaya St., 4

2. The licensee agrees to commence rendering of the communication services hereunder on or before June 1, 2013.

3. The licensee shall render data communication services hereunder for the purposes of voice data communication in the entire territory of the Russian Federation, using above radio electronic facilities of the LTE standard and its subsequent modifications, in any of the following radio frequencies: 720 — 727.5/761 — 768.5 MHz, 798.5 — 806/839.5-847 MHz, or 2,540 — 2,550/2,660 — 2,670 MHz.

4. The licensee shall make the following available hereunder to the subscriber and/or user*:

a) access to the communications network of the licensee;

b) connections over the data network for the purposes of voice data communication; and

c) access to voice communication services rendered by other communication operators whose data networks interact with the network of the licensee.

5. The licensee agrees to render communication services in accordance with the rules for the provision of communications services, approved by the Government of the Russian Federation.

6. The licensee shall comply with the rules for connection and interaction of the communications networks, approved by the Government of the Russian Federation.

7. This license has been issued following the results of the open competitive tender No. 1/2012 for the right to obtain licenses for operation in the sphere of communications services.

7.1. The licensee shall provide technical capability of rendering communication services based on its own network built on the basis of radio-electronic facilities using the LTE standard and its subsequent modifications, in all localities numbering 50,000 people and above.

In this case, the communication services shall be provided in all secondary and higher educational institutions located within the boundaries of the above localities.

The network shall be deployed in any frequency band assigned to the licensee, as referred to in paragraph 3 of this license, or in any combination thereof.

7.2. The licensee shall provide the deployment progress of the network using the LTE standard and its subsequent modifications in the territory of the Russian Federation, no less than the following.

Date		Number of constituent territories of the Russian Federation to have a technical capability of rendering communication services using radio- electronic facilities of the LTE standard and its subsequent modifications, in accordance with licenses for operation in the sphere of communications services, obtained by the licensee based on the results of the open tender No. 1/2012.
December 1, 2013		7
December 1, 2014		14
December 1, 2015		22
December 1, 2016		33
December 1, 2017		50
December 1, 2018		60
December 1, 2019		The entire territory of the Russian Federation

7.3. The licensee shall provide the data transfer from user stations to base stations at maximum loading of the communication network using the LTE standard and its subsequent modifications at the speed rate of 4 Mbit/s and above.

7.4. The licensee shall provide financing of at least 15 billion rubles per year (starting with the first year as the date of the decision to grant this license valid through December 1, 2013, and further - each calendar year) for operations required to deploy the communication network using the LTE standard and its subsequent modifications, though the complete performance of requirements specified in paragraph 7.2 of this license.

The size of financing specified in this paragraph shall include the licensee’s expenditures for the communications network deployment using radio electronic means of the LTE standard and its subsequent modifications, for the purposes of rendering communication services of the LTE standard in accordance with licenses for operation in the sphere of communication services, obtained by the licensee following the results of the open tender No. 1/2012.

7.5. The licensee, when carrying out organizational and technical measures for the release of the radio-frequency spectrum, shall operate in accordance with Appendix 4 to the decision of the State Commission for Radio Frequencies No. 11-12-02 “On the Radio Frequency Spectrum Used by Radio Electronic Means of LTE Standard and Its Subsequent Modifications” dated September 8, 2011.

7.6. The licensee shall suspend the provision of communications services in the communications network using radio electronic means of the LTE standard and its subsequent modifications, in the period of organization and conduction of the XXII Winter Olympic Games and the XI Winter Paralympic Games of 2014, between October 1, 2012 and December 31, 2014, in the entire territory of the Krasnodar Region.

8. The licensee rendering the services hereunder shall abide by the terms set for the allocation of radio bands and assignment of radio frequency or radio frequency channel.

9. The licensee shall have a network management system of its own, which meets the network management regulations established by the Federal executive body in the sphere of telecommunications.

10. The licensee shall meet the requirements for communication networks and facilities, established by the Federal executive authority by agreement with authorized government bodies engaged in the special investigative activities, for the purpose of carrying out such activities and other measures to prevent the disclosure of organizational and tactical methods of such activities.

11. The licensee is not a universal service operator. The licensing requirements are not specified for the provision of universal services subject to universal service contracts concluded with the authorized executive body.

12. The licensee shall provide information on the calculating basis of the mandatory deductions (non-tax payments) to the universal service reserve in such manner and form as established by the Federal executive body in the sphere of telecommunications.

* The services rendered hereunder may be accompanied by other services technologically and inseparably associated with data communication services for the purposes of voice data communication and aimed at increasing their customer value, unless it requires a separate license.

Laced, numbered and sealed
3 (three) sheets.

Head of Department, Maintenance of Registers of Radiofrequency Assignments and Telecommunications Licenses

(signature) I. Yu. Zavidnaya.

AUG 3, 2012.

Official seal:

MINISTRY OF TELECOM AND MASS COMMUNICATIONS OF THE RUSSIAN FEDERATION

FEDERAL SERVICE FOR SUPERVISION IN THE SPHERE OF TELECOM, INFORMATION TECHNOLOGIES AND MASS COMMUNICATIONS

PSRN 1087746736296

065368