MegaFon, Telefonica to kick-start strategic cooperation

28 May 2013

Russian telecoms giant MegaFon and Spain’s Telefonica Group have signed a strategic cooperation agreement aimed at cutting equipment costs through joint purchases, the companies have announced. The agreement envisages a mutual roaming service that will lower roaming costs in the markets that the respective companies and their subsidiaries operate in. MegaFon and Telefonica added that their subsidiaries, MegaLabs and Telefonica Digital, will also work together in the development of businesses such as cloud services and machine-to-machine (M2M) connectivity.

Russia, Spain, MegaFon, Telefonica