Megafon ownership shaken up, IPO planned for H2 2012

East-West Digital News 23 April 2012 Megafon, Russia’s second largest mobile operator, has borrowed $4.5 billion with the intention of buying back investor Mikhail Fridman’s 25.1% stake, Reuters reported last week. If successful, the purchase will bring MegaFon closer...

TeliaSonera Says It’s in Talks on MegaFon

Bloomberg via Moscow Times 12 April 2012 HELSINKI — TeliaSonera, Sweden’s biggest phone company, said it’s negotiating with investment partners Altimo and AF Telecom on the future of MegaFon, Russia’s second-largest mobile operator. “The three...

Report: Usmanov May Swap Part of MegaFon Stake for Yota

Reuters via Moscow Times 10 April 2012 Russian billionaire Alisher Usmanov may trade a part of his stake in the country’s No.2 mobile phone operator MegaFon for control in next-generation telecoms provider Yota, business daily Vedomosti reported on Tuesday. The...