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09/01/2013
14:45
M&A: MegaFon established control over 51% of Regional Navigation Center

OJSC MegaFon established indirect control over 51% of the shares in OJSC Regional Navigation and Information Center of Vladimir region, the cellular operator informed.

MegaFon acquired a controlling shareholding in this company through its subsidiary CJSC MegaLabs.

OJSC MegaFon (tax number: 7812014560) established in 2002, is the second largest mobile operator in the Russian Federation providing services to about 64 million subscribers. In June 2010, MegaFon acquired 100% of Sinterra shares. MegaFon's subsidiaries work in Tajikistan, Abkhazia and South Ossetia. MegaFon's shareholding structure is as follows: TeliaSonera (25% of shares), AF Telecom (50% plus 1 share), MegaFon's subsidiary company MegaFon Investments (Cyprus) Limited MegaFon's subsidiary (9.99%).

MegaFon's authorized capital is RUB 62 million represented by 620 million shares at par value of 0.1 rubles.

US GAAP net profit of OJSC MegaFon for Q3 2012 increased by 19.6% year-on-year to RUB 14.926 billion. Consolidated revenue increased by 12.3% year-on-year to RUB 71.234 billion. OIBDA grew by 21.1% year-on-year to RUB 32.138 billion. OIBDA margin was 45.1% against 41.9% in Q3 2011.

Net profit (RAS) of OJSC MegaFon for 9 months 2012 decreased by 12.9% to RUB 30.01 billion from RUB 34.436 billion for the same period in 2011. Revenue increased by 13.6% to RUB 187.884 billion from RUB 165.387 billion.


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"AK&M", 27.12.2012 14:19

 

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