Rostelecom is negotiating the purchase of MegaFon from USM Group. There are other contenders for the operator: secondary investors are also interested in the asset, sources told Kommersant.

Rostelecom is interested in buying MegaFon

Megafon can be valued at 616 billion rubles. The value of this business is now affected by the economic environment and equipment access issues, and the transfer of key technology assets to the state will help reduce risks.

  • In December 2022, Megafon closed several deals: it acquired oneFactor, a developer of AI-based analytics services, and became a 100% owner of Talmer LLC, a systems integrator.
  • In January 2023, the operator bought InPlat, a software developer for banks, from USM structures, the company decided to develop a fintech direction.

Megafon is owned by USM structures: 50% by AF Telecom Holding LLC, another 50% by YueSeM Telecom LLC. The company’s revenue in 2021 amounted to 354.19 billion rubles, net debt – 244.6 billion rubles.

Author:

karina pardaeva

Source: RB

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.

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