Megafon ownership shaken up, IPO planned for H2 2012

East-West Digital News 23 April 2012 Megafon, Russia’s second largest mobile operator, has borrowed $4.5 billion with the intention of buying back investor Mikhail Fridman’s 25.1% stake, Reuters reported last week. If successful, the purchase will bring MegaFon closer...

Scartel to focus on Russia, attempts to sell Belorussian subsidiary

East-West Digital News 20 April 2012 RBC Daily reported earlier this week that Scartel, the leading Russian WiMAX operator operating under the Yota brand, is considering selling its Belorussian subsidiary, Yota Bel, just a few months after starting operations in this...

Milner takes part in Path’s $30 million investment round

East-West Digital News 18 April 2012 Yuri Milner, co-founder of the prominent Russian Internet fund DST, is among the investors in Path, the much-hyped ‘mobile-centric social network’ launched in 2010. The investment round, which amounts to at least $30 million, was...

O1 IPO on the Way

Reuters via Moscow Times 19 April 2012 Real estate investment company O1 Properties on Wednesday announced its intention to float on the London Stock Exchange and aims to raise at least $400 million, two market sources said. Sources close to the company told Reuters...