Megafon May Sell Its 16,500 Tower Inventory

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Russian media outlet Izvestia reported mobile operator Megafon said they are talking with several national and international companies on the sale of its 16,500 tower inventory reports.

The price tag could total RUB 85-95 billion (roughly $1.5B U.S.) with Russian Towers, Vertikal and Service-Telecom as the leading suitors within Russia, although the source alluded to potential foreign partners as well.

November 12, 2019

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