FAS clears MegaFon to buy 100% of SMARTS-Volgograd

20 Jan 2014

Russia’s Federal Antimonopoly Service (FAS) has reportedly approved the takeover of SMARTS-Volgograd by mobile giant MegaFon. As previously reported by TeleGeography’s CommsUpdate, in July 2013 Tattelecom acquired SMARTS-Kazan from Volga-based SMARTS Group, and both MegaFon and Tattelecom are believed to be interested in cherry-picking other SMARTS assets in the future. In recent years, as SMARTS’ user base has plummeted, a whole host of Russian operators have been linked with a takeover deal for the stricken company, including Tele2, Rostelecom, Mobile TeleSystems (MTS) and Vimpelcom.

Russia, MegaFon, SMARTS Group