MegaFon CEO calls it a day, again
The boss of Russia’s second-largest MNO has decided to hand over the reins once more, having previously done so six years ago.
The boss of Russia’s second-largest MNO has decided to hand over the reins once more, having previously done so six years ago.
MegaFon and NEC have announced the completion of a live field-test to incorporate AI technology into the Russian network to improve the efficiency of planning and maintenance of transport network resources.
Chinese infrastructure vendor Huawei and Russian operator MegaFon have announced a memorandum of understanding (MOU) to deliver trial 5G network services at the Fifa World Cup 2018, to be held in 11 Russian cities.
Russian operator Megafon has announced that it is to acquire domestic competitor Scartel, which operates an LTE network under the Yota brand, for $1.18bn. TeliaSonera, which holds 25.2 per cent of Scartel described the deal as “strategically attractive and value enhancing” for Megafon. Scartel is currently owned by Garsdale, a holding company of Russian billionaire Alisher Usmanov, who also controls more than 50 per cent of Megafon.
Third placed Russian cellco MegaFon has had its proposal to acquire 4G operator Scartel approved by the competition watchdog.
Two of Russia’s largest mobile operators have ceased selling iPhone devices in the country due to the extensive marketing and financial support demanded by Apple. Second and third placed MTS and Megafon have already stopped advertising the device on their online shopping portals.
European operator VimpelCom has launched LTE services in Moscow. The firm’s LTE FDD services are now accessible within the central Sadovoye Ring area of the city. The operator expects LTE services to be available throughout the Russian capital by the end of 2013.
Russian operator MegaFon has become the latest carrier to join Teleónica’s partnership programme, which aims to pool resource, know-how and purchasing power across an international roster of telcos.
International operator VimpelCom and Russian operator Megafon have taken joint ownership of Russian handset retailer Euroset. Through its fully-owned Russian subsuduary, Vimpelcom has increased its stake in the retailer by 0.1 per cent to now own 50 per cent of the firm. The other 50 per cent has been acquired for $1.07bn by Lefbord Investments Limited, a company owned by MegaFon and Garsdale Services Investment.
Russian operator MegFon began trading today on the London Stock Exchange ahead of its listing on December 3, 2012. The firm raised £1.1bn ($1.7bn) in its IPO, the largest new capital raised by a telecommunications company in London since Orange in 2001, according to the London Stock Exchange.
Lars Nyberg, the president and CEO at Swedish operator group TeliaSonera, has announced that he will be investing $2m of his own money in the initial public offering of shares in Russian operator MegaFon. Nyberg, who is a member of the board of directors of MegaFon, will purchase the shares at the offer price.
Russia’s mobile operators are moving to IP backhaul to deal with explosive growth in data traffic. Leading Russian carrier MTS (Mobile TeleSystems) said this week that it is expecting 86 per cent growth in Russian data traffic by 2015, forcing a strategic focus on network transport.
Russian operator MegaFon has selected Chinese vendor Huawei to construct backbone nodes for a 40Gb IP/MPLS network in Russia’s largest cities, including Moscow and St. Petersburg.
Russian operator MegaFon is to acquire Metrocom, an alternative telecoms provider in the North West region of Russia. MegaFon is expected to spend $67m on the acquisition.
Russian operator MegaFon reported a 19 per cent increase in revenues year-on-year in 2Q10 to RUB52.22bn ($1.76bn). MegaFon attributes its strong revenue performance to significant growth of its subscription base and higher use of 3G data services. At the end of 2Q10 MegaFon had 53.5 million subscriptions, giving it a market share of 24.8 per cent.
Nordic operator TeliaSonera and Russian conglomerate Altimo (formerly known as the Alfa Group) were playing happy families this week, agreeing to combine their telecoms assets in Turkey and Russia.
The bitter battle for control over a 25.1 per cent chunk of Russia’s smallest mobile operator MegaFon looks to be over, according to reports on Monday. It is believed that Russian conglomerate Altimo, originally known as the Alfa Group, has buried the hatchet with Caribbean-based investment fund Ipoc. Ipoc had contested Alfa’s purchase of the […]
Russia’s top three mobile operators, Mobile TeleSystems (MTS), VimpelCom and MegaFon, won licences to operate 3G services in the country on Friday. In accordance with the licensing conditions, the winning companies are required to begin commercial 3G services within two years of receiving the licence. MTS, the country’s biggest operator, said it plans to launch […]
According to local reports, Russia’s three largest mobile operators suspended services in Moscow’s tube network Wednesday. MTS, VimpelCom and Megafon told the Russian news agency Novosti that according to company representatives, the move could be connected to a terrorist threat in the capital city. The claims were “unofficial”, Novosti states. If the Russian authorities give […]
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