Wednesday, November 30, 2016

“Vedomosti” reported on the plans for the elimination of “Euroset” in the next year – Interfax

According to the newspaper, “VimpelCom” introduced “to the Megaphone” the sharing of offices and the debt and offers to take him to the end of December.

"statements" reported on plans for the elimination of "Euroset" in the next year

Photo: TASS, Valery sharifulin

Moscow. 30 Nov. INTERFAX.RU – “Vympelcom” and “MegaFon” to the end of this year to agree on the division of “Euroset”, and in the next year to eliminate the brand itself, write Wednesday “Vedomosti”.

Operators, each of which owns 50% stake in the company, while negotiating about the division of salons and debts, which are estimated to be about 15 billion rubles. “Vedomosti” reported that VimpelCom has already offered a specific plan of separation and offers to sign it before 24 December, however, the “MegaFon” this scheme in its current form is not satisfied. The last thing I want to keep the brand, but it will have to assume all debts of the company, according to a source.

About the reorganization plans of “Euroset” became known in the spring. The reason for this decision, “Vedomosti”, was that the business of the company came into conflict with the objectives of operators: basic earnings Euroset give phone numbers, the task of the operators ‘ contracts with subscribers.

“Vympelcom” has bought a 49.9% of Euroset for $ 226 million in 2008 to Alexander Mamut, and that 100% of the founder, Yevgeny Chichvarkin. In December 2012, Mamut sold the rest for $ 1.07 billion: 0.1 percent bought “Vympelcom” 25% – “Megaphone” and Alisher Usmanov’s Garsdale with partners. Share Garsdale moved “to the Megaphone” in July 2014.

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