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:

Russian Tax Free May Be Launched This Year
31.03.2017
"Rosatom" - the Best Employer 2016
28.11.2016
New Project For Entrepreneurs Launched By Sberbank
17.10.2016
IMF Posts Oil Prices Forecasts
27.10.2016
5pEXPO In moscow
24.06.2016



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Magazines  Artyom  Kemerovo Region  Rostov Region  Pskov Region  New Medicines  Manezh  Jubilee  Dmitry Khvorostovsky   Exhibitions in Moscow  Grisha Bruskin  Google   Interethnic Journalism  Yukos case  Russian history  Fairs in Moscow  Russian church  New Year celebrations  Russian artists  Russian travelers  St. Petersburg Museums  Russian army  hunting  investment  Primorye  Gold Mask in Estonia  contemporary art  Oleg Zhukovsky  Moscow  Chechnya  Russian business  Museums  Russian tourism  Painting  Fyodor Dostoyevsky  Russian Cinema  Alexander Pushkin  space  Russian toy shops  nuclear physics  Russian Internet  Wimbledon  Mukhtarbay Otelbaev   Archeology  Driving License  Velonotte   Russian Literature  visa application  Mercedes-Benz Fashion Week Russia  Russian Winter 


Travel Blogs
Top Traveling Sites