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.

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Related sectors of this article: Telecoms
Geography: Russia

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