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MEGAFON BECAME A PERSON OF INTEREST IN THE CASE DUE TO THE INCREASE IN PRICES FOR TARIFFS

The Federal Antimonopoly Service initiated a case against the mobile operator Megafon. The reason for the decision was the increase in prices for services from the company. The average increase in the cost of tariffs in 2023 was 10.24%. At the same time, about 8.2 million subscribers faced such a measure, Vedomosti writes with ...

MEGAFON RISKS BECOMING BANKRUPT DUE TO SANCTIONS AGAINST ALISHER USMANOV

The founder of the USM holding, Alisher Usmanov, whose main assets are Megafon and Metalloinvest, has been trying to challenge the personal sanctions imposed on him in the European Court since May. In a statement to the EU, he points to the possible bankruptcy of the main companies of the holding, including Udokan Copper....

TINKOFF BANK FILED A 677 MILLION RUBLES CLAIM AGAINST MEGAFON

Tinkoff Bank filed a claim with the Moscow Arbitration Court to recover 677.1 million rubles from Megafon company. In recent months, this is already the third claim of the bank to mobile operators. Earlier, proceedings were initiated against VimpelCom PJSC (the amount of claim was 437 million rubles) and MTS (the amount to be collected was 1.1 billion ...

ORACLE IS UNDER SURVEILLANCE. THE STRUCTURE OF A WELL- KNOWN MANUFACTURER WILL BE BANKRUPTED

... court upheld Krok's claims, indicating an obligation to pay a large sum to the service partner. The main part of the debt (more than 47 million) was an advance, which the Russian division of Oracle received in August 2021. Earlier, the mobile operator Megafon announced its desire to recognize OKO as bankrupt. He also has an arbitration court decision to recover over 44 million from a former partner. The amount was intended to pay for technical support services for software and computer equipment. Among ...

SVYAZNOY TURNED OUT TO BE IN A PRE-BANKRUPTCY STATE

... its debt into long-term liabilities. However, under the conditions of anti-Russian sanctions, the situation has changed. Now experts are wondering whether its shareholders will "help" the company. If the main business owners in the person of Megafon (has a 25% share plus 1 share) or Solvers allocate funds to rescue Svyaznoy, there will be no autumn bankruptcy, and the company will continue its work in the market. Recognition of the company as insolvent will mean that not only the owners, ...

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