No such thing as a free Luchshe; MegaFon snaps up ISP

13 Dec 2011

Russian mobile operator MegaFon has announced its acquisition of 100% of Luchshe.net, an internet service provider (ISP) that offers services in Kursk under the ‘SVOE’ brand. The transaction, which was valued at RUB318 million (USD10.1 million), was carried out through MegaFon’s wholly owned Net By Net broadband subsidiary. Luchshe.net is believed to be one of the largest ISPs in the Kursk region, with around 40,000 subscribers.

Russia, MegaFon