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Telefonica and MegaFon signed an agreement on strategic partnership scale

OJSC "MegaFon", the Russian telecommunications operator, and Telefonica SA, a leading international telecommunications company, today announced a strategic partnership. The agreement was signed in the framework of the Partnership's Telefonica, which allows operators to interact on key business issues, the scope and use of knowledge Telefonica and consolidate the experience. Cooperation will enable companies to optimize the cost of purchasing equipment through the joint procurement. MegaFon will be able to attract the best market experts working in Telefonica, to solve their business problems. In the future, operators subsidiaries - MegaLabs and Telefonica Digital - will be able to work on the development of new lines of business (eg, OTT and cloud-based services, M2M), which in the coming years will be an important factor in the growth in revenue. Services to multinational corporate customers will be provided in the Telefonica network MegaFon MegaFon and customers will be able to receive additional services outside Russia. Agreement with the Russian operator will significantly expand the Partnership Program and Telefonica will increase the number of its participants, including operators such as China Unicom and Telecom Italia. Telefonica and its partners currently provide communication services in 52 countries, home to 1.5 billion people.

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