Megafon acquires Internet and cable TV provider in Western Siberia

MegaFon, a major Russian mobile operator, made a further step last Friday towards business diversification and regional expansion by acquiring Yugratel, a broadband Internet and cable TV provider operating in the Khanty-Mansiysk Autonomous District of Western Siberia. Yugratel was sold through an auction sale by the local authorities for 2.4 billion rubles, or approximately $76 …

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