Spanish telecoms giant Telefonica and Russia’s MegaFon have confirmed the extension of their strategic partnership, which was first unveiled back in May 2013. The companies claim that extending the agreement will make it possible for both to ‘continue to benefit from their collaboration in a variety of areas, including procurement, expansion of their international customer base and exchange of best practices’.
Since first striking the partnership deal, MegaFon and Telefonica have worked together on marketing and channel approaches, on new network technologies such as NFV, and on procurement of selected network equipment. Further, the partnership has also included cooperation on international wholesale for selected parts of the world. A press release confirming the updated deal notes that the duo have completed a number of projects for major multinational companies (MNCs), while they have also expanded their customer base with new data and wireless projects for Russian and international companies. As a result of the partnership extension, MegaFon will continue its membership in the Telefonica Partner Program, while Telefonica will continue to extend its reach to the Russian market and gain
industry insights provided by MegaFon.