Media about usFOCUS: MegaFon absorbs Gars Telecom for stronger footing on Moscow B2B market
MOSCOW, Sep 28 (PRIME) -- Russian mobile operator MegaFon has accomplished the purchase of 100% of Gars Telecom, a corporate telecom management group, to have a firmer grip on the business-to-business (B2B) telecom market in Moscow. The deal, estimated by analysts at about 2 billion rubles, could strengthen MegaFon’s positions and provide Gars Telecom with more resources.
Media about usMegaFon completes purchase of Moscow fixed telco GARS; scrapping St Petersburg fixed ops
In a move aimed at boosting its presence in the Moscow and North-West business-to-business (B2B) telecoms segment, Russian cellco MegaFon has announced the completion of its 100% purchase of GARS, a fixed line provider based in the capital, which its board agreed on in June. MegaFon’s CEO Ivan Tavrin said that the merger ‘forms an ideal combination of businesses allowing us to enhance our value proposition to MegaFon’s and GARS’ existing and future customers.’ The announcement did not give a value for the transaction.
Media about usMVNO Monday: a guide to the week’s virtual operator developments
Russian corporate telco Gars Telecom has boosted its B2B credentials with the launch of a new mobile product suite, in association with its sister company MegaFon. Gars cites that the new solution combines the ‘cutting-edge infrastructural benefits’ of working with MegaFon, and ‘the best practices of individual client service’ established by Gars itself.
Media about usGars Telecom offers mobile services for corporate users
Russian operator Gars Telecom has expanded its range of services for corporate users, reports Cnews.ru. The operator, which provides its convergent Smart Mobile service, has added conventional mobile connection services to its portfolio. The service combines technology from mobile operator Megafon with corporate customers service experience from Gars Telecom. Gars Telecom has recently been acquired by Megafon.
Media about usMegaFon to acquire 100% interest in GARS to strengthen its position in B2B segment
Moscow, Russian Federation (22 June 2015) — Public Joint Stock Company “MegaFon” (LSE: MFON), a leading Russian telecommunications operator (“MegaFon” or the “Company”), announces that the Company’s Board of Directors at the meeting held on 19 June 2015 in the form of absentee ballot approved the acquisition of a 100% interest in GARS Holding Limited (“GARS”) from the companies Stayblon Limited and Giacomodex Finance Limited.