Articles tagged with: Megafon

MegaFon Boosts Revenues and Profits on Back of Higher Data Usage

­Russian mobile network operator, megafon has reported a rise in both revenues and profits for its first-quarter, boosted by mobile data services which rose by 22.4% over the past year.  more

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MegaFon Posts Strong Fourth-Quarter Results

­Russia's megafon has announced that its fourth-quarter revenues rose by 9.3 percent to reach RUR71.5 billion (US$2.3 billion), while net profits were up by 28.3% to RUR12.4 billion (US$405 million).  more

Related Tags: India


Moody's compares Russia's "Big Three" mobile operators by key rating factors

­Among Russia's "Big Three" mobile operators, megafon, Mobile TeleSystems (MTS) and VimpelCom, MTS has the strongest business profile, says Moody's Investors Service in a new CreditFocus report. Moody's expects MTS to retain its lead in terms of subscribers and revenues for now, but it could face competition from megafon in the longer term.  more

Related Tags: mobilemedia-ideas, nokia, sony, apple, USA


Moody's confirms MegaFon's Baa3 rating; negative outlook

­Moody's Investors Service has today confirmed the debt ratings of Russia's megafon at Baa3 with a negative outlook. This concludes the review for downgrade initiated by Moody's on 26 April 2012.  more

Related Tags: vodacom, lte, South Africa


MegaFon Completes Deal to Buy 25% Stake in Russian Phone Retailer

Russia's megafon says that it completed a previously announced transaction to acquire an indirect 25% interest in Euroset, which owns the largest chain of mobile telecom retail outlets in Russia.  more

Related Tags: best-buy, techforward, USA


Russia's MegaFon Floats 15% Stake on Stock Markets

­Russia's megafon has successfully listed its shares on the Russian and London stock exchanges, valuing the company at approximately US$11 billion at the offer price.   more

Related Tags: tata-teleservices, telenor, India


MegaFon to Raise at Least $1.7 Billion from Stock Market Listing

­Russia's megafon has set the price range for its forthcoming stock market listing in London, and expects to raise at least US$1.7 billion from the sale.  more

Related Tags: at&t, fitch-ratings, USA


MegaFon Posts Strong Increases in Revenues and Profits

­Russia's megafon has reported that its third-quarter revenues rose by 12.3 percent to reach RUR71.23 billion (US$2.26 billion), while net profits also rose, by 19.6 percent to RUR 14.93 billion (US$475 million).  more

Related Tags: sprint, fitch-ratings, USA


Ericsson Signs M2M Deal with Russia's MegaFon

­Ericsson has announced a cooperation with Russia's megafon, to develop the market around machine-to-machine connectivity. Ericsson will provide megafon with consulting services and utilities market research plus systems integration services as part of the agreement.  more

Related Tags: turkcell, Turkey


Third Delay to MegaFon's Stock Market Listing

­Russia's megafon has announced that it expects marketing for its planned IPO to commence at a later date. This is the third delay to the stock market listing, which was due to have taken place in July.  more

Related Tags: icasa, South Africa


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