About Megafon OJSC
Open Joint Stock Company MegaFon, together with its subsidiaries, provides telecommunication services primarily in the Russian Federation, Tajikistan, Abkhazia, and South Ossetia. It offers a range of voice, data, and other telecommunication services, including wireline and wireless services to retail customers, businesses, government clients, and other telecommunication services providers, as well as provides financing services. The company also provides local and long-distance telephony, data transmission, broadband access, and communication channels leasing services, as well as supplies multi-media content, ring tones, geo-positioning services, mobile payments, and other value added services. It serves approximately 63 million subscribers. The company has a strategic partnership agreement with Ericsson to develop telecommunications infrastructure; and QIWI plc to develop solutions in electronic payments. The company was formerly known as OJSC North-West GSM and changed its name to Open Joint Stock Company MegaFon in May 2002. Open Joint Stock Company MegaFon was founded in 1993 and is headquartered in Moscow, the Russian Federation.