MegaFon, previously known as North-West GSM, is the second largest mobile phone operator and the third largest telecom operator in Russia. It works in the GSM, UMTS and LTE standard. Its main competitors are Mobile TeleSystems (MTS), VimpelCom (Beeline), and Tele2 (Rostelecom) in the cellular segment, and Rostelecom and Interregional TransitTelekom in the fixed-line seagment. As of June 2012, the company serves 62.1 million subscribers in Russia and 1.6 million in Tajikistan, South Ossetia and Abkhazia. It is headquartered in Moscow.
The merged company may become the second largest in the number of stores.
The mobile operator is ready to consolidate 100% of the retailer.
Tax claim of the Tajikistani officials are forcing the companies to think about leaving this market.
The operator will pay $740 million for 63.8% of the voting shares of Mail.Ru Group, of which $640 million at the time of closing, and another $100 million a year later.
However, the analysts say it doesn't need control to establish the partnership with the Internet holding.
The mobile operator is ready to buy control over the Internet company.
Why Alisher Usmanov does not want to pay taxes in Russia?
Communications providers will not be able to pay the income tax.
Over the last two years, retail sales decreased by 12%, while net profit fell almost five times.
The combined wealth of 200 richest businessmen of Russia decreased by $73 billion, while the number of billionaires fell to 88 from 111.
Who is included in the inner circle of the leader of Russia's Forbes list and why only a few earned his trust?
The mystery of the inheritance of Leonid Rozhetskin is no less interesting than the mysterious circumstances of his death.
The desire to please the customers and sanctions help the Chinese telecom giant to oust the Western competitors from the Russian market. How successful will be the expansion of Huawei?
The founder of Russia's largest social network VKontakte Pavel Durov sold his stake (12%) to CEO of MegaFon nd co-owner of YuTV holding Ivan Tavrin (no.200 in the ranking of 200 richest businessmen of Russia, according to Forbes, with the fortune of $ 0.5 billion).
The telecommunications giant "MegaFon" buys "Skartel" operator (Yota brand) for $ 1.18 billion.