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28 February 2018

MegaFon is awarded the Fastest Mobile Internet in Russia

28 February 2018, Moscow. Ookla® Company, the world leader in testing and analyzing the Internet, presented the award to MegaFon for “The Fastest Mobile Network” at Mobile World Congress in Barcelona.

MegaFon showed the best figures among all mobile operators according to results of the consumer-initiated Internet access tests taken by Russian users via the Speedtest® by Ookla application in Q2—Q3 2017. The average loading speed detected on devices in Moscow is 40,34 Mb/s, in Saint Petersburg — 26,77 Mb/s, average in Russia — 25,04 Mb/s. For the research Ookla analyzed the data of more than 7 900 000 tests via all networks of all operators in Russia from more than 1 200 000 devices with LTE support.

“MegaFon traditionally focuses on quality of communication and endeavors to provide the Internet access on highest speed. In May 2012 we were the first in Russia to launch 4G LTE and in February 2014 we put into operation the first commercial LTE-Advanced network, increasing data transmission speed up to 300 Mb/s. On the 8th of August 2017 we were one of the first companies in the world to launch Gigabit LTE for a commercial service and we demonstrated the speed of 979 Mb/s. Furthermore, MegaFon has built more base stations than any other Russian mobile network operator. Results of millions of speed tests using the Ookla Speedtest application prove our leadership in Russia, Moscow and Saint Petersburg and I am honored to get this award”, — said Svyatoslav Gorban, head of strategic marketing, MegaFon.

“By virtue of millions of tests by Speedtest every day, Ookla developed a secure and comprehensive review of global internet performance. Based on our detailed analysis we are pleased to recognize MegaFon as the fastest mobile network in Russia This award is the proof of an exceptional performance of MegaFon built upon user experience of their clients”- commented Eric Emerson, Director at Ookla.

Ookla Company, founder of Speedtest service, is the world leader in testing and analyzing the Internet. Speedtest is the most precise way to measure network performance and to carry out network diagnostics. Speedtest provides an independent view on speed and quality of mobile and fixed broadband connections. Millions of users recognize Ookla Speedtest as № 1 application for testing the Internet speed and it is highly trusted by the professionals of the industry.

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6 September 2018

MegaFon Announces Application to Delist its GDRs from the London Stock Exchange

Moscow, Russian Federation (06 September 2018) — PJSC MegaFon (LSE: MFON; “the Company”) announces that it has applied to the United Kingdom Listing Authority and the London Stock Exchange (“LSE”) for the cancellation of the listing and admission to trading of its Regulation S and Rule 144A Global Depositary Receipts (“GDRs”) (CUSIP: 58517T209 and 58517T100, respectively, ISIN: US58517T2096 and US58517T1007, respectively, SEDOL: B8PQQ77 and B832YZ1, respectively), each representing one ordinary share of the Company (each, a “Share”).
6 September 2018

Completion of the Tender Offer to purchase Megafon’s Ordinary Shares and Global Depositary Receipts

Moscow, Russian Federation (6 September 2018) — Public Joint Stock Company “MegaFon” (LSE: MFON), a pan-Russian operator of digital opportunities (“MegaFon” or the “Company”), hereby notes the announcement by MegaFon Investments (Cyprus) Limited (“MICL”) today regarding the completion of its previously announced tender offer to purchase for cash up to 128,950,036 of the issued and outstanding ordinary shares, of RUB 0.1 nominal value per share, of MegaFon (“Ordinary Shares”) and Regulation S and Rule 144A Global Depositary Receipts (“GDRs”), each representing one Ordinary Share, representing all of the issued and outstanding Ordinary Shares and GDRs other than Ordinary Shares or GDRs held by MICL and certain major shareholders, of MegaFon at a purchase price of US$9.75 (or its equivalent in Russian rubles) for each Ordinary Share and for each GDR (the “Tender Offer”). The Tender Offer, which commenced on July 16, 2018, expired on August 22, 2018, at 5:00 P.M., Luxembourg/Brussels time (6:00 P.M., Moscow time, 4:00 P.M., London time, 11:00 A.M., New York time).
16 August 2018

MegaFon reports financial and operating results for Q2 2018

Moscow, Russia (16 August 2018) — PJSC “MegaFon” (“MegaFon” or the “Company” and, together with its consolidated subsidiaries, the “Group”) (LSE: MFON), a pan-Russian operator of digital opportunities, announces its financial and operating results for Q2 2018.