About MegaFon
MegaFon is a company based in Moscow (Russia) founded in 2002 was acquired by USM in March 2020. MegaFon has completed 6 acquisitions, including Gars Telecom, GetStar and InPlat. MegaFon operates in a competitive market with competitors including RocketBank, InstaBank and Easywork, among others.
- Headquarter Moscow, Russia
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$170.81 M (USD), Debt – Conventional
Oct 30, 2018
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Investors
ING
& 3 more
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Employee Count
Not available
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Investments & Acquisitions
Gars Telecom
& 5 more
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Acquired by
USM
(Mar 30, 2020)
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People of MegaFon
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Funding Insights of MegaFon
Investors in MegaFon
MegaFon has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include ING, Sberbank CIB and Alfa Group Consortium.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on multi-sector
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Locked | Locked | Locked | |
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Multiple sectors are invested in by private equity firm USM.
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Commercial banking and insurance services are provided globally by ING.
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Locked | Locked | Locked |
Investor details for MegaFon
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Investments & Acquisitions by MegaFon
MegaFon has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Gars Telecom, GetStar and InPlat.
Investment portfolio details for MegaFon
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Offers short numbers for businesses
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Locked | Locked | 2013 | Locked | |
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Acquirer processing services are handled in Russia by InPlat.
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Locked | Locked | 2010 | Locked | |
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Mobile voice and data services are provided in Uzbekistan.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for MegaFon
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Financial Statements - MegaFon
Detailed financials for MegaFon
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Megafon Comparisons
Peer comparison for MegaFon
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Competitors of MegaFon
MegaFon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RocketBank, InstaBank and Easywork, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Mobile banking services are offered through apps in Russia.
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| Locked | Locked | Locked |
Offers a banking front-end integrated with social media for seamless user experiences.
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| Locked | Locked | Locked |
An internet-first bank providing digital banking services to individuals.
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Detailed competitors of MegaFon
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Latest news on Megafon
Complete news archive for MegaFon
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Frequently Asked Questions about MegaFon
MegaFon was founded in 2002 and raised its 1st funding round 1 year after it was founded.
MegaFon is headquartered in Moscow, Russia.
MegaFon was established in 2002 and is based in Moscow, Russia. Operations are conducted in the telecommunications sector, where cellular networks, mobile communications, and wireless internet access are delivered to subscribers. Coverage extends across Russia, supporting voice, data, and broadband services for residential and business users. The company maintains infrastructure for reliable connectivity in urban and rural areas.
MegaFon's top competitors include RocketBank, InstaBank and Easywork.
MegaFon has made 6 acquisitions, including Gars Telecom, GetStar, and InPlat.
MegaFon has 4 investors. Key investors include ING, Sberbank CIB, Alfa Group Consortium, and USM Group.