March 29, 2018 / 11:16 AM / 5 months ago

Russia's Gazprombank says Megafon stake a short-term investment

MINSK, March 29 (Reuters) - Gazprombank considers its holding in Russia’s second-biggest mobile phone operator Megafon a short-term investment, Alexander Sobol, deputy chairman of Gazprombank’s management board, said on Thursday.

Gazprombank bought a 19 percent stake in Megafon for around $1 billion from Nordic telecom operator Telia last October. (Reporting by Andrei Makhovsky; writing by Maria Kiselyova; Editing by Adrian Croft)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below