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618 Russian telecom majors MegaFon and MTS invest in the startup space

East-West Digital News
East-West Digital News @ East-West Digital News 2 place · 01/27/2021 22:48 EDT

Russian telecom majors MegaFon and MTS invest in the  startup space

MegaFon, a major Russian mobile phone operator, has increased its stake in video service Start to 50%, as reported by business daily Kommersant.  The move follows the acquisition of 33.8% of the company, as announced in October 2020. The valuation of the startup — which was founded in 2017 — could reach or exceed 4 billion rubles (some … Russian telecom majors MegaFon and MTS invest in the startup space Read More

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