Megafon acquires mobile content and service publisher VAS Media

MegaFon has acquired 100% of the shares in Felebior Holdings Ltd, the parent company of the VAS Media Group, which supplies multi-media content, ring tones, geo-positioning services, mobile payments and other VAS services. Consolidated EBITDA of the VAS Media Group...

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...

Yota+Megafon Megafon and Scartel merge for LTE leadership

East-West Digital News 11 July 2012 Having received the green light from the Federal Antimonopoly Service (FAS) last month, Megafon, a leading Russian mobile operator, and Scartel, the WiMAX provider switching to LTE and operating under the Yota brand, are to become...

Megafon and Yota consider merger

Vedomosti via East-West Digital News 3 May 2012 Last week, the Russian business daily Vedomosti reported that the Federal Antimonopoly Service (FAS) received a joint request from mobile operator Megafon and WiMAx operator Scartel, which operates under the Yota brand,...