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Tag: megafon
MegaFon boosts B2B biz with GARS buy
2015-09-21 02:00:00| Total Telecom industry news
Russian mobile operator completes acquisition of fixed-line provider.
MegaFon borrows $600m for Huawei kit
2015-09-03 02:00:00| Total Telecom industry news
Russian telco to also use chunk of China Development Bank funds to refinance debt.
Megafon meets FY guidance, sees weaker 2015
2015-03-11 13:50:00| Telecompaper Headlines
(Telecompaper) Russian mobile operator Megafon announced that its revenues grew by 5.9 percent in 2014 to RUB 314.8 billion, compared to the company's outlook for 6-8 percent growth. OIBDA rose by 4.5 percent to RUB 138.5 billion, and the EBITDA margin dropped by 0.6 percentage points to 44.0 percent, in line with its guidance. Net profit declined by 28.8 percent to 36.7 billion, hurt by the depreciation in the ruble. Capital expenditure grew as forecast by 19.8 percent to RUB 56.5 billion, as the operator expanded its 4G coverage. The subscriber base increased by 3 percent to 72.2 million at the end of 2014. For 2015, Megafon forecast flat sales, while the OIBDA margin will fall to as little as 40 percent. Capex will be in line with the plans announced at its IPO, for a range of RUB 165-180 billion in 2013-2015.
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Huawei, Megafon to test 5G network at World Cup 2018
2014-11-19 14:55:00| Telecompaper Headlines
(Telecompaper) Huawei signed a memorandum of understanding with Russian mobile operator Megafon the introduction of 5G services. Huawei and Megafon will collaborate to build trial 5G networks in the run-up to the Fifa World Cup 2018 that will be hosted in 11 Russian cities. The 5G trials will be the first in Russia, as well as the first with plans to serve large-scale users and M2M devices. To ensure testing of a full-scale 100 percent 5G experience, Huawei will be introducing the latest mobile technologies such as SCMA, full duplex, and cloud base station to the 5G network, as well as providing testing 5G terminals in trial zones.
MegaFon, Huawei aim to roll out 5G by 2018 World Cup
2014-11-19 01:00:00| Total Telecom industry news
Russian telco, Chinese equipment maker sign MoU on accelerated 5G rollout.