MegaFon completes $1.1 billion deal for Euroset stake

Reuters 7 December 2012 MegaFon, Russia’s No.2 mobile operator, has completed a $1.07 billion deal to buy a stake in cellphone retailer Euroset to expand the number of shops through which it can sell its services. MegaFon MGFON.UL, controlled by Russia’s...

Megafon Goldman Sachs walks away from Megafon’s imminent IPO

East-West Digital News Goldman Sachs announced on Tuesday that it has pulled out of a role as lead bank on an initial public offering by Megafon, one of Russia’s top mobile operators, scheduled for Nov. 1 simultaneously on the London and Moscow stock exchanges....

MegaFon Confirms London IPO

Moscow Times 9 October 2012 The country’s second-largest mobile phone operator, MegaFon, said Tuesday that it plans to launch an initial public offering on the London Stock Exchange. The IPO, to be completed in the fourth quarter, will give investors the chance...

UPDATE 2-MegaFon board backs plan to buy Euroset stake-source

Reuters 10 September 2012 Mobile phone operator MegaFon , which is preparing a London flotation, on Friday approved a plan to buy a half stake in Russia’s biggest cellphone retailer, a source familiar with the situation said. The deal for 50 percent of Euroset,...

MegaFon Deal Cleared

Moscow Times 28 August 2012 The Federal Anti-Monopoly Service has approved MegaFon’s application to buy stakes in mobile content provider VAS Pay and the NewsTube.ru Internet television site from tycoon Alisher Usmanov, Interfax reported Monday, citing the...