MegaFon Finalises Acquisition Of Scartel Network


News: Russian mobile operator MegaFon has completed the acquisition of assets from its subsidiary, Scartel. The operator acquired the Scartel's LTE infrastructure previously used on a mobile virtual network operator basis. The intra-group deal worth RUB18bn (USD506.54mn) is a part of the MegaFon and Scartel integration process. The operator expects to complete the full network integration by the end of 2014.

This article is tagged to:
Related sectors of this article: Telecoms
Geography: Russia

Access all of our latest analysis, data and forecasts - request a trial