Digital min sees good points in possible Rostelecom-MegaFon merger - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Digital min sees good points in possible Rostelecom-MegaFon merger

ALMATY, Feb 3 (PRIME) -- Any enlargement like a rumoured acquisition by Russian state-controlled telecom operator Rostelecom of mobile operator MegaFon carries risks for competition, but also has a significant cumulative effect, Digital Development Minister Maksut Shadayev said on Friday.

УIt will enable us to raise territorial coverage, including the coverage of small towns thanks to redistribution of equipment,Ф Shadayev said.

He added that the connection operators service only their own subscribers now.

УIf a decision on the merger of the operators is made, I am not ready to discuss now how it may be done, whether it will be Rostelecom and MegaFon or someone else, of course, it willЕprovide better coverage where needed,Ф the minister said.

Business daily Kommersant reported on Monday quoting sources that Rostelecom was in talks to buy MegaFon from USM Group.

End

03.02.2023 11:35
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 100.4425 +0.5457 23 feb
USD 92.7519 +0.3132 23 feb
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3142.30 +0.09 18:51 22 feb
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 158.12 -0.33 23:50 22 feb
lkoh 6990.50 0.00 23:50 22 feb
rosn 562.35 0.00 23:50 22 feb
sber 284.77 +0.98 23:50 22 feb
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 100.0350 +0.2775 14:59 22 feb
USDTD 95.9875 +3.6575 17:44 22 feb