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:

SPIEF 2018: the Russia Greece Round Table
24.05.2018
Cheese Control
16.04.2018
Bloomberg: Russian Retailers will Benefit from the Foreign Fans
31.07.2018
Video Conferencing will be Used at the Proceedings on Administrative Cases in Russia
03.08.2018
Tele2 is Becoming the Most Popular Corporate Business Provider in Russia
26.08.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

-8

search on the map
TAGS:
Perm  society  Russian gambling zones  bus tickets Russia FIFA  Vitaly Milonov  Lola Lonli  Exhibitions in Moscow  Russian tourism  Ski resorts  Perm Cuisine  Novgorod Region  Russian exhibitions  Monuments  Russian Photographers  Russian places of interest  Siberian Institute of Plant Physiology and Biochemistry  Barrows  Embassy of Nature  Three Crows   Russian sportswomen  City Hunter  Russian history  St. Petersburg  technology  Moscow actions  Archeology  Caucasian State Biosphere Reserve   business  Playwrights  virtual office St. Petersburg  Kemerovo Regional Museum Of Local History  Moscow bookstores  Russian business  Abaza  Igor Moiseyev   Stamps  Cheese Festival  Russian Literature  Ukraine crisis  sport  Moscow  Universiade in Kazan  Mercedes-Benz Fashion Week Russia  Russian designers  Russian medicine  Siberia  gay propaganda law  Russian Traditions  Russian Cinema  Oak 


Travel Blogs
Top Traveling Sites