Megafon

Mail.ru boosts stake in Russian social network Vkontakte.ru

Internet company Mail.ru signed an agreement to buy the 12% stake of Ivan Tavrin in Russian social network VKontakte.com for an undisclosed amount to bring its total holding to 52%.

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Like MTS, Megafon seeking to expand into banking services

Megafon is discussing with small lending institutions as to the eventual integration of banking services with its telecommunications services.

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MegaFon announces USD 1.2 billion Scartel buy

Russia-based telecommunications operator MegaFon announced that it would be acquiring Scartel, the only 4G provider in the country for USD 1.2 billion.

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Russia's MegaFon closes in on $4 billion London IPO

MegaFon has asked its local regulator for permission to list its shares in London.

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