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TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from Megafon

Tracker

MegaFon statement on potential split of Euroset

Via Megafon

Mar 22, 2017

22 March 2017

Moscow, Russian Federation (22 March 2017) — Public Joint Stock Company “MegaFon” (LSE: MFON), a leading Russian telecommunications operator (“MegaFon” or the “Company”), MegaFon can confirm that it is considering a potential transaction in relation to its investment in Euroset, the largest chain of mobile telecom retail outlets in Russia, jointly owned with VEON.

At present there is no certainty as to whether the potential transaction will proceed, and if so, the terms and timing of such transaction. A further announcement will be made if and when appropriate.

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This content extract was originally sourced from an external website (Megafon) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

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