On the 19 of June, 2015 the Board of Directors of "MegaFon" approved the acquisition of fixed line telecommunications provider Gars Telecom. 

“It means that our companies are carrying on negotiates, not more or less, - says the CEO of Gars Telecom Pavel Gorenkov. - We consider highly constructive to pursue negotiations, having obtained the approval of the Board of Directors. Meanwhile, the negotiations don't indicate an occurrence of transaction. Which is evidenced by the absence of relevant application to the Federal Antimonopoly Service”. 

According to Pavel Gorenkov the synergy of mutual efforts sounds promising: the combination of strong position of Gars Telecom in the corporate service market and the facilities of MegaFon are capable to vary the landscape of corporate telecommunications of the metropolitan region. However, it is premature to talk about any specific results, as long as the negotiations with MegaFon are in primary stage. 

Since 2010 the shareholder of Gars Telecom has been the equity fund Quadriga Capital Russia

    Group of companies Gars Telecom (founded in 1999; http://www.garstelecom.ru/) — federal operator of fixed-line services with a complete set of licenses and its own resources. The company is focused on working with large corporate clients, providing them in addition to traditional services with the services in the field of telecom consulting, outsourcing of communication services and telecom infrastructure, and also managing its telecom budget.
    Since 2003 Gars Telecom has worked on the model of the virtual mobile operator for the corporate sector (MVNO, Mobile Virtual Network Operator). Host operators — Beeline Business, MegaFon.
    The company exclusively sells in Russia specialized telecom solutions for the commercial real estate market and is the author of a unique business model of international form BLEC (Building Local Exchange Carrier), and also develops telecom-consulting practice in Russian development market.
    The bank of Gars Telecom projects in commercial real estate exceeds 8.6 million square meters.