USM is a major investor in some of Russia’s most successful telecoms businesses. The group holds the majority stake in MegaFon, Russia’s second-largest telecommunications provider and the leader in mobile data, and wholly owns Peter-Service, the first Russian billing services company.

    MegaFon is Russia’s top mobile operator with 77.3 million subscribers and a presence in all market segments, including voice, data and other telecommunications solutions, digital TV and IP telephony, M2M, financial, content and cloud-to-retail applications. It is the first carrier with a network that covers all regions of Russia, as well as Tajikistan, Abkhazia and Ossetia.

  • MegaFon owns Scartel, the leader in Long Term Evolution (LTE) mobile data in Russia and one of the top players in 4G globally. The combined network of these two carriers offers LTE services across 80 federal regions, making MegaFon Russia’s number one operator for mobile data and advanced 4G.

  • The company has pioneered a range of innovative services in Russia, including the launch of MMS and mobile TV, free incoming calls, 3G and 4G/LTE. The company was also the first worldwide to commercially launch the LTE Advanced network, the fastest globally, allowing its customers to access record mobile internet speeds of up to 450 Mbps. As of 30 September 2016 the LTE-A services were available in 25 Russian cities.

  • MegaFon’s extensive retail network consists of over 8,000 stores, including over 2,000 owned-and-operated stores, approximately 2,000 third-party mono-brand stores and 4,000 Euroset stores.

  • MegaFon’s shares are traded on the Moscow Exchange and the London Stock Exchange. The company’s main shareholders are entities that are part of USM and Telia Company.


    Peter-Service is a Russian developer of billing systems for telecoms operators. It offers billing solutions along with product installation, integration and support services through its offices across Russia and in Ukraine. The company has completed over 120 projects for more than 50 operators of fixed and mobile networks in 10 countries.