Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

MegaFon on IPO on London Stock Exchange
9.10.2012 17:12
MegaFon on IPO on London Stock Exchange

The second largest Russian mobile operator MegaFon has claimed about launching initial public offering (IPO) on the Moscow MICEX-RTS and London Stock Exchange (LSE) in the fourth quarter 2012.

      
MegaFon informed, it will offer15-20% of its shares, held by Swedish–Finnish telecommunications group TeliaSonera and the MegaFon’s subsidiary Megafon Investments.

      
MegaFon would utilize the offering's net proceeds to repay and/or finance existing debt and for general corporate purposes, including the continuing development and expansion of its network.

      
Morgan Stanley and Sberbank CIB have been named Joint Global Coordinators and Joint Bookrunners, while Citi, Credit Suisse and VTB Capital have been appointed as Joint Bookrunners.

      
By the end of September MegaFon’s total customer base amounted 63.68 million people. In the second quarter the company’s revenue equaled 66.76 billion Rubles, the net profit was 1.7 billion Rubles.   

Author: Irina Fomina

Tags: Russian business Russian mobile networks    

Next Previous


You might also find interesting:

Russians will Withdraw Cash from their Cards at the Cash Registers in Stores via POS-terminals
12.02.2018
Technopromexport Acquired Four Sets Of Gas Turbines On the Secondary Market
17.07.2017
The Ministry of Finance Will Purchase Foreign Currency
17.07.2017
Open Innovations Moscow International Forum
31.08.2017
Uralsib: Exports Depend On the Exchange Rate Of the Russian Currency
30.06.2017



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
animation  Mark Krivosheyev  Pustozyorsk  Russian Porridge  Russian history  Russian science  Painting  Visit Baikal   Russian tourism  satellite  Serbia  Old Moscow  Moscow  Archeology  Kemerovo Region  Concerts in Moscow  Russian Cinema  Fairs in Moscow  Moscow Theatres  Orthodox Church  Primorsky Territory  hospitality in Russia  Sergey Stepashin  Caricatures  The Civil Platform  Russian Film Distribution  Russia politics  Icarus Animation Award  Russian Olympic winners  Ukok Plateau   medicine  Mercedes-Benz Fashion Week Russia  Russian Literature  elections in Russia  Exhibitions in Moscow  Lyudmila Kasatkina  Magnitsky Act  Russian business  Moscow Museums  Festivals in Moscow  Tver region  Salvador Dali  Open-Air Concerts  Motor race  Russian politics  Ivan Puni  Science Fiction  Festivals  Park Live  FIFA World Cup 2018 


Travel Blogs
Top Traveling Sites