Resolutions taken by the Board of Directors
Moscow, Russian Federation (20 March 2019) - Public Joint Stock Company "MegaFon" (MoEx: MFON), a pan-Russian operator of digital opportunities ("MegaFon" or the "Company"), announces that the Company's Board of Directors took the following actions at a meeting held on 19 March 2019:
1. To approve the acquisition of a 100% stake in Neosprint Spb LLC, an operator that owns a frequency band in 3.4-3.6 GHz spectrum in St. Petersburg;
2. To approve the new edition of the Company's Compliance Policy; and
3. To approve the fees payable to the Company's auditor for 2019 in the amount of up to RUB 60 million.
For More Information:
Investors: Dmitry Kononov
Director for Investor Relations and M&A Tel: + 7 926 200 6490 firstname.lastname@example.org
Media: Artem Lebedev
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Notes to Editors
MegaFon PJSC is a leading Russian integrated telecommunication service provider, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognized market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE-Advanced (4G) data network. MegaFon is traded on the Moscow Exchange under the symbol MFON. Additional information about MegaFon and the products and services provided by MegaFon can be found at: http://www.megafon.ru
Cautionary Statement Regarding Forward Looking Statements
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