Megafon merges operations

7 Jul 2009

Russia’s third largest mobile operator Megafon has completed the formal merger of its regional operations. Sergey Soldatenkov, chief executive officer of the cellco, said: ‘In the market perception MegaFon has been a single company for quite a long time with uniform governance standards, strong uniform brand and corporate culture, now MegaFon has become a single company from a legal standpoint as well.’ The company was formed in August 2001, unifying regional cellcos Sonic Duo, Mobicom-Kavkaz, Mobicom-Centre, MCS – Povolzhie, Ural GSM, Mobicom-Novosibirsk and Mobicom-Khabarovsk under the Megafon brand.

Russia, MegaFon