Media: rostec may exchange its stake in Garsdale on the shares of MegaFon

Media: rostec may exchange its stake in Garsdale on the shares of MegaFon


As previously reported by the General Director of “Rostec” Sergey Chemezov, in 2-3 years the Corporation would like to increase stake in mobile operator MegaFon to 10%.

MOSCOW, 1 Mar. Rostec may exchange its stake in Garsdale on the shares of MegaFon, in this case, the “rosteh” will get 1.33% as operator, and Garsdale will remain 50.7 per cent, wrote on Tuesday the newspaper “Vedomosti”.

At Rostec, which owns a stake in MegaFon via the parent company of the operator of Garsdale Services Investments, there is a put option, which allows you to exchange a share in Garsdale on the shares of “MegaFon” or sell it “AF a Telecom holding” (100% “daughter” of the Garsdale), told the newspaper Andrey Korobov, the General Director of “RT business development” investment units “Rostec”, under which is this package. The parameters of the option he does not disclose.

Now USM Group, by data “the Megaphone” belongs 56,32% company: via Garsdale, AF Telecom holds 52,03% and the remaining 4,29% – part of USM company “Telekominvest holding limited,” explains the employee of the operator. 25,17% of MegaFon – TeliaSonera, 3,92% owned by Megafon Investments (100% “daughter” of the “MegaFon”), the rest are traded on the exchange.

According to MegaFon, USM Holding now owns 97,45% of Garsdale, “Rostec” is owned by 2.55% Garsdale – such ownership structure, the company revealed after the reduction of the share of the primary owner of the company Alisher Usmanov, said in a statement. Then USM Holdings bought a 10% stake holding in Usmanov. The reduction of the share occurred at the time of exit from Garsdale Fund Telconet, said a person close to the deal.

As previously reported by the General Director of “Rostec” Sergey Chemezov, in 2-3 years the Corporation would like to increase the package in operator up to 10%.

Now Boxes “doesn’t think” that “rosteh” will increase a share in “the Megaphone”. No plans of the Corporation and for the sale of an existing package, said Korobov: the Corporation benefits from cooperation with the “MegaFon” on many projects, in particular, negotiates the supply of equipment manufactured by the holding companies of the Corporation. “Now some of this equipment can be supplied at competitive prices. We also have ideas for joint projects in other areas, including in the field of software development,” – said Korobov.