USM is a major investor in some of Russia's most successful telecoms businesses. The Group holds the majority stake in MegaFon, a pan-Russian operator of digital opportunities, and wholly owns Nexign (formerly known as Peter-Service), the first Russian billing services company.
  • MegaFon is a pan-Russian operator of digital opportunities, operating in all segments of the telecommunications markets in Russia with 75.9 million subscribers. The company offers voice, data and other telecommunications solutions, digital TV and IP telephony, M2M, innovative services including mobile TV and OTT video-content, financial services, Big Data, convergent, cloud solutions and others. It was the first carrier in Russia that covered all regions of the country. MegaFon's extensive retail network consists of around 4,000 stores.
  • The company has pioneered a range of services in Russia, including the launch of MMS and mobile TV, as well as free incoming calls. MegaFon is also a well-established leader in mobile data services, as the first carrier in Russia to launch 3G and 4G/LTE (Long Term Evolution) commercially. Currently, MegaFon offers LTE services across 83 Russian federal regions, covering 74% of the country's population. The company was the first in the world to launch its LTE Advanced (LTE-A) network commercially, the fastest network globally, which allows its customers to access record mobile internet speeds of up to 450 Mbps. MegaFon's LTE-A services are currently available in 41 Russian regions.
  • MegaFon is leading the way in the development of the 5G network and has achieved the absolute record in the speed of mobile internet connections in Russia, demonstrating the 5G network functioning at a speed of 35 gigabytes per second. During the 2018 Football World Cup in Russia, MegaFon created 5G testing zones in Moscow, Saint-Petersburg and Kazan.
  • The company has undertaken a number of significant deals to enhance the implementation of its digital strategy.
  • Together with USM, Gazprombank and Rostec, MegaFon launched a joint venture to develop digital services and implement projects in the digital economy. The new structure, MF Technologies, will allow the partners to efficiently develop cross-industry innovation projects including blockchain- and internet of things-based solutions, as well as digital financial platforms.
  • MegaFon entered into an agreement to merge Euroset, its wholly-owned subsidiary with c. 1,725 retail outlets in Russia, and Svyaznoy, a nation-wide retail network. This merger resulted in the creation of the world's largest retail chain in the technology sector by number of stores (5,000+).
  • The company also purchased Neosprint, a television and radio broadcasting services provider, which owns 24 MHz in the 3.4 – 3.6 GHz spectrum band in Moscow, which enables MegaFon to rapidly deploy 5G network in the important Moscow market.
  • MegaLabs, MegaFon's wholly-owned subsidiary and the developer of the company's value-added and digital services, owns a minority stake in "City-Mobil", a Moscow-based ride-hailing company.
  • Additionally, through a 100% stake in Project Investment Technologies Management Company, an owner of software for regional integration platform systems and unified emergency responses centres, MegaFon contributes to the implementation of the government's "Safe City" projects across Russia.
  • The company's shares are traded on the Moscow Exchange.
  • Nexign 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 abroad. The company has completed over 120 projects for more than 50 operators of fixed and mobile networks in ten countries.