MegaFon is a Russian universal telecommunication service provider. Established in May 2002, MegaFon became the first operator with a network covering all regions of Russia. The Company and its subsidiaries have licenses to operate in all of the Russian regions and in the Republics of Abkhazia, South Ossetia and Tajikistan. With over 63 million active subscribers, MegaFon manages the most sophisticated and technologically advanced digital and fixed line network in the country.
MegaFon was the first in Russia to launch 3G for commercial operations and is currently in the number one position among all operators in the provision of mobile Internet, and in the number two position as to the number of active subscribers in Russia. In 2012, MegaFon became one of the first operators to launch a 4G network in the LTE standard in Russia.
As a result of a re-alignment in the shareholder base as of April 24, 2012, MegaFon has two principal shareholders, companies in the AF Telecom Group (50%) and the TeliaSonera Group (35.6%) while the remaining 14.4% is held by a wholly owned subsidiary of the Company.
MegaFon is an active sports sponsor and is the Mobile General Partner of the XXII Winter Olympic Games and XI Paralympic Games to be held in Sochi in 2014.
More information about the company is available on the official website.