MegaFon, which is Russia’s second largest mobile operator, is preparing plans to launch an initial public offering of its shares on the London Stock Exchange (LSE) and Russia’s MICEX – RTS.
MegaFon currently serves about 63 million subscribers. In addition to its GSM 900/1800 network in Russia, MegaFon also has subsidiaries in Tajikistan, Abkhazia and South Ossetia.
