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27 July 2017

Announcement of Management Changes

Moscow, Russian Federation (27 July 2017) — Public Joint Stock Company “MegaFon” (LSE: MFON), a leading Russian provider of integrated digital services (“MegaFon” or the “Company”), announces that the Company’s Board of Directors at the meeting held on 26 July 2017 has approved Mr. Anatoly Gorbunov as Director of the Caucasus Branch and Mr. Alexey Titov as Director of the Northwest Branch of MegaFon.

Anatoly Gorbunov’s main strategic objectives in the new role will be to ensure market leadership with an emphasis on developing the business in line with the needs of digital clients and further improvement of the quality of MegaFon’s services in 14 regions of the Caucasus Federal District of Russia. Alexey Titov will be tasked with further developing the Company’s business and strengthening MegaFon’s leading positions in the North-West region.

The Caucasus Branch was previously led by Alexey Tyutin, who decided to leave the Company to pursue his own projects. The Northwest Branch was headed by Pavel Korchagin, who has been recently appointed as Chief Technical Officer of the Company.

Notes for editors:

Anatoly Gorbunov — began his career in telecommunications in 2003 as head of a separate division of MegaFon in Volgodonsk. In 2009 became head of the Rostov division of the Company’s Caucasus Branch. On 15 November 2010, Anatoly Gorbunov was appointed to take the helm of the Sochi development project ahead of the Olympic Games and as director of the Sochi division of MegaFon’s Caucasus Branch. Under his leadership, MegaFon successfully implemented a project to develop telecoms infrastructure for the 2014 Sochi Winter Olympic Games, for which MegaFon was a general sponsor. Anatoly Gorbunov graduated from Novocherkassk Polytechnic Institute as an engineer.

Alexey Titov — in 2001 — 2003, Alexey Titov worked at Giprosvyaz-4 as engineer of radio communications network design. In 2003, he joined the MegaFon team in Novosibirsk, progressing from engineer to Technical director of the Siberian Branch. In January 2013, he was appointed CTO of the Company’s Far East Branch and in November 2014 became CTO of the Northwest Branch of MegaFon. Alexey Titov graduated from the Siberian State University of Telecommunications and Computer Science’s Faculty of Computer Science as a mobile telecommunications engineer.

For More Information:

PJSC MegaFon
Investors: Dmitry Kononov
Director for Investor Relations and M&A
Tel: +7 926 200 6490 dkononov@megafon.ru
Media: Peter Lidov
Director for Public Relations
Tel: +7 926 200 6699 plidov@megafon.ru


MegaFon PJSC is a leading Russian integrated telecommunication service provider, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognized market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE-Advanced (4G) data network. MegaFon is traded on the Moscow Exchange and the London Stock Exchange under the symbol MFON. Additional information about MegaFon and the products and services provided by MegaFon can be found at: http://www.megafon.ru.


Some of the information in this document may contain or refer to projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as “expect”, “believe”, “anticipate”, “estimate”, “forecast”, “intend”, “will”, “could”, “may”, or “might” the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions, and are based upon various assumptions which are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control. We may not achieve or accomplish these plans or predictions. The Company does not necessarily intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forwardlooking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries in which the Company operates, as well as many other risks specifically related to the Company and its business and operations.


Some of the information in this document may be inside information. The subject matter, the identity of the issuer, the identity of the persons making the notification and their titles, and the date and time of the notification are all as set forth above.

All news

Other news

9 June 2018

MegaFon Completes Incorporation of a Joint Venture to Pursue the Projects Under Digital Agenda of Russia

Moscow, Russian Federation (09 June 2018) — Public Joint Stock Company “MegaFon” (LSE: MFON), a pan-Russian operator of digital opportunities (“MegaFon” or the “Company”), announces the completion of the transaction to create a joint venture with JSC Gazprombank (“Gazprombank”), a state corporation Rostec (“Rostec”) and USM Holdings. The new structure, JSC MF Technologies (MFT) will develop digital ervices and implement projects in the digital economy.
5 June 2018

MegaFon Increases Expertise in Safe City Solutions

Moscow, Russian Federation (5 June 2018) — Public Joint Stock Company “MegaFon” (LSE: MFON), a pan-Russian operator of digital opportunities (“MegaFon” or the “Company”), announces the purchase by Digital Business Solutions LLC, a wholly-owned subsidiary of MegaFon, of a 100% stake in Project Investment Technologies Management Company LLC (“TechnoInvestProject”), from Technoserv group, a major Russian system integrator, which operates in Russia, the CIS and Europe. Acquisition of the tech company, which has a strong team of developers and the intellectual rights to technical solutions for the implementation of “Safe city” projects, will make it possible to expand MegaFon’s offering in the segment of ICT solutions for government customers.
25 May 2018

MegaFon Notice of AGM

Moscow, Russian (25 May 2018) — Public Joint Stock Company “MegaFon” (LSE: MFON), a panRussian operator of digital opportunities, (“MegaFon” or the “Company”) announces that the Company’s Annual General Meeting of Shareholders (“AGM”) will be held at the Company’s main office at 41 Oruzheyniy lane, Moscow 1127006, Russian Federation at 12.00 (Moscow time) on Friday, 29 June 2018. Registration shall start at: 11.00 (Moscow time).