Russian telecom major goes to Iran
Published: 13 May, 2008, 08:06
Russia’s third largest mobile telecom operator MegaFon has announced it is ready to invest $US 4.65 billion in the construction of a network in Iran if it gets the licence. Both GSM and 3G rights are to be auctioned later.
Earlier this year the company set up a 100%-owned subsidiary, MegaFon International, for business operations outside the CIS.
Speaking in Tehran on Monday, MegaFon's General Director, Sergei Soldatenkov, said the operator is ready to invest if granted a licence.
The tender is expected to be held in the near future. However, no details of the deal have yet been published.
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