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FAS Allows MegaFon OAO to Acquire 100% of Scartel LLC's Owner-Interfax

Thursday, 25 Jul 2013 02:02am EDT 

Interfax reported that Russia's Federal Anti-monopoly Service (FAS) has given the green light to MegaFon OAO acquiring 100% of the voting stock in Maxiten Co Ltd., which would give it control over Scartel LLC (Yota), an FAS statement says. According to the SPARK-Interfax database, Maxiten is Scartel LLC's sole owner. The FAS said that proscriptions issued to Scartel concerning broadband Internet access market competition in June 2012, when Scartel LLC and a controlling stake in MegaFon OAO were part of the holding Garsdale, remain in force. 

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