Race For Akado Heats Up As MegaFon Enters The Fray

摘要

The race to acquire Akado, the triple-play provider, has intensified nas Russia’s second largest mobile operator MegaFon has joined the nbidding. Akado’s largest shareholder Victor Vekselberg is quoted in nVerdomosti as stating that Akado is in exclusive talks with MegaFon. nBMI believes the acquisition would represent a coup for MegaFon nby beating earlier interest from Rostelecom and would bolster its nstrategy of becoming an integrated telecoms provider.