In 2022, MegaFon acquired a 50% stake in Algorithm

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In 2022, MegaFon acquired a 50% stake in Algorithm

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LLC. The owner of the other 50% was Vladimir Streshinsky. He was the head of the USM holding and co-owner of its telecommunications division, USM Telecom. Streshinsky was also a member of the board of directors of MegaFon.

In 2022, the revenue of Algorithm LLC amounted to RUB 970 million, profit before tax was RUB 484 million, and net profit was RUB 484 million. Algorithm LLC is a Skolkovo resident. The company is developing a semantic traffic analyzer that allows monitoring service messages (SMS, messengers), reducing the amount of spam and providing information about the audience to potential advertisers.

In early 2024, MegaFon began consolidating its IT assets. It was decided to merge uk whatsapp number list the companies Algorithm, Mobile Platform, and Storm Technologies into Nexign.

Nexign (formerly Peterservice) is a developer of billing systems and telecommunications software for telecom operators. In 2022, Megafon acquired it from the USM holding. Shortm Technologies develops solutions for customer service specialists.

Subscribe to our Telegram channel to stay up to date with all the news and events of the Runet.MTS will receive $209.1 million from the sale of its Armenian subsidiary. One of the two new owners of MTS-Armenia is Konstantin Sokolov, an entrepreneur from St. Petersburg who had previously unsuccessfully invested in his hometown in projects in the field of mechanical engineering and real estate.

Telecommunications operator Mobile TeleSystems (MTS) has disclosed details of the sale of its Armenian division, MTS-Armenia. According to the company's annual report, the deal was worth $209.1 million.

MTS entered the Armenian market in 2007, purchasing a controlling stake in the leading local mobile operator K-Telecom (trademark Vivacell). Subsequently, MTS increased its share in this company to 100%, and the Armenian operator itself was renamed MTS-Armenia and began to operate under the Viva-MTS trademark.
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