Showing posts with label MegaFon. Show all posts
Showing posts with label MegaFon. Show all posts

Thursday, October 11, 2018

MegaFon's CEO steps down

Russia's MegaFon announced the resignation of its General Director and CEO, Sergey Soldatenkov, who will leave the company before the expiration of his contract in 2019.

MegaFon's Board of Directors appointed Gevork Vermishian to take over his positions. Vermishian is currently Executive Director.

Sergey Soldatenkov commented: “I have decided that the time has come to hand the reins to Gevork. I have been involved with the Company since its creation, almost 20 years ago. Throughout this time we have been at the forefront of innovation: we were the first to launch new products and services, we surprised clients and competitors, and we were not afraid to change the sector nor, most importantly, to change ourselves. However, we have been conscious for a long time of the need for a management succession plan. With this in mind, we asked Gevork to take on the role of Executive Director last October, with a view to having me focus on strategy and government relations and having Gevork take on operational issues. In this way it was possible to gradually transition responsibilities to Gevork, and I believe that he is now ready to take over my responsibilities as well and assume full control of the management of the company."

Wednesday, November 1, 2017

Telia to sell its 19% stake in MegaFon to Gazprombank

Telia Company is selling its 19% holding in MegaFon to Gazprombank for RUB 514 per share, raising gross proceeds of RUB 60.4 billion (equivalent to approximately SEK 8.6 billion or US$1.03 billion).

MegaFon (Russian: МегаФон), which is based in Moscow, is the second largest mobile phone operator[3] and the third largest telecom operator in Russia.

Gazprombank has agreed to a lock-up of six months from the date of the sale, subject to certain exceptions.

Gazprombank is the third largest bank in Russia and is funding the acquisition with cash in immediately available funds.

Telia noted that although Gazprombank is subject to EU capital market sanctions and to Russia US Directive 1 Sanctions, which prohibit US and EU companies from financing, directly or indirectly, entities that are subject to the sanctions, this transaction does not involve any financing of Gazprombank or any trade in stock or other securities issued by Gazprombank and the sanctions are therefore not applicable.

Telia narrows focus on Nordics and Baltics


The summer break is now well past its peak for many regions. For telecom operators, traffic must be carried whether the whole country is on holiday or not, and this is surely the case for Telia Company. The recent news from Stockholm was not good. A disappointing financial report for Q2 2017 issued on July 20th forced the company to announce a 3% cut in employment, or roughly 850 people, just before the summer holidays and precisely the time many...


Thursday, March 19, 2015

Russia's MegaFon Picks Nokia for LTE

MegaFon awarded a seven-year contract to Nokia Networks to upgrade its nationwide network in Russia.

Under the deal, Nokia Networks will supply its Single RAN technology for greater capacity, higher data rates and low latency. Subscribers in Moscow, Central and Caucasus regions will be first to enjoy the LTE services.

http://networks.nokia.com/news-events/press-room/press-releases/megafon-selects-nokia-networks-to-build-its-4g-lte-network

http://www.megafon.ru/

Monday, May 27, 2013

Telefónica and MegaFon Form Global Strategic Partnership

Telefónica and MegaFon, a leading Russian universal telecommunications operator, have established a strategic partnership. The carriers hope to achieve cost savings in equipment purchases via joint procurement.  MegaFon and Telefónica will also exchange technological know-how.

Under the Agreement Telefónica will provide services to multinational corporate clients using MegaFon’s network and similarly MegaFon business customers will have access to services when abroad.

MegaFon will join Telefónica’s Partners Programme, which enables telecommunications operators to work together and to benefit from Telefónica’s scale and knowledge.  Telefónica's programme already includes equity partners such as China Unicom and Telecom Italia, as well as other members.

Currently Telefónica and its Partners provide services to customers in 52 countries with a population of 1.5 billion people.

 “Joining Telefónica’s Partners Programme is in line with MegaFon’s long term strategy focused on efficient growth, mobile Internet service development and enhancement of the customer experience. This Agreement enables us to work with the best international professionals to use their experience in improving quality of services, customer relationship management and in new product development," stated Ivan Tavrin, Chief Executive Officer of MegaFon.

http://www.telefonica.com

Wednesday, November 28, 2012

MegaFon Makes IPO Debut


MegaFon, which is Russia's second largest mobile operator, raised US$1.7 billion (£1.4bn) from an initial public offering on the London Stock Exchange (LSE) and Russia’s MICEX – RTS.  About 15 per cent of the company was sold.  Teliasonera still holds about 25% of the firm and Mr. Alisher Usmanov controls over 50% through holding companies. The shares were priced at $20 and declined after the opening to close at $19.60.

MegaFon currently serves about 63 million subscribers. In addition to its GSM 900/1800 network in Russia, MegaFon also has subsidiaries in Tajikistan, Abkhazia and South Ossetia.

http://4g.moscow.megafon.ru/

Tuesday, October 16, 2012

Russia's MegaFon Tests 100G DWDM with Cisco

The North West Branch of MegaFon, one of the three largest mobile operators in Russia, has tested a 100G DWDM implementation with Cisco.  The tests were conducted based on other vendors’ technologies.

The project was aimed at testing the effectiveness and interworking of Cisco 100G transponders, Cisco ASR 9000 Series Aggregation Services Routers and the Cisco ONS 15454 Multiservice Transport Platform (MSTP) at the distance of 140 and 384 kilometers (87 and 239 miles). Additionally the solutions have been tested over "dark fiber" at 60 and 120 kilometers (37 and 74 miles).

Cisco said its ASR 9000 Series routers were used as the network core, as they had been designed as the foundational baseline for next-generation Carrier Ethernet networks. They provide up to 400 Gbps per system and can be scaled up to 6.4 terabits (Tbps), helping ensure the fail-safe delivery of multifunctional applications. 

The 100G services were supported by Cisco DWDM transponders tuned to 192.6 GHz (1556.55 nm). The transponders can operate at a distance well in excess of 2,000 kilometers (1,243 miles) without signal regeneration, and they feature high performance and port density, thus enabling 100G technologies in networks of any complexity. All parameters of the DWDM network were configured automatically by the smart-management subsystem and optical channel power control tools integrated in the Cisco ONS 15454 MSTP platform. During the test the traffic was transferred at 100 Gbps without failure and degradation of existing 10 Gbps services, showing the investment protection on the installed network and existing fiber plant.


The Case for the Big GEs... and IP-over-DWDM


by Sultan Dawood, Solutions Marketing Manager, SP Marketing Cisco Systems No one knows better than the readers of this publication about the importance of Gigabit networks. The emergence of 10 Gigabit (10 G) links in big networks began more than 10 years ago, and seemed like enough capacity, for a long time. But that was then. In today’s optical conversations, talk tends to center on 40/100 Gig links, all the way up to Terabit advancements....

Tuesday, October 9, 2012

Russia's MegaFON Readies IPO

MegaFon, which is Russia's second largest mobile operator, is preparing plans to launch an initial public offering of its shares on the London Stock Exchange (LSE) and Russia’s MICEX – RTS. 

MegaFon currently serves about 63 million subscribers. In addition to its GSM 900/1800 network in Russia, MegaFon also has subsidiaries in Tajikistan, Abkhazia and South Ossetia.


http://4g.moscow.megafon.ru/

See also