Megafon to Merge With Scartel in Single Holding, Kommersant Says

Scartel, a Russian Internet provider that operates under the name Yota, and OAO MegaFon, Russia’s second-largest mobile-phone operator, will merge under one holding, Kommersant reported, citing a person close to the Russian Federal Antimonopoly Service.

To contact the reporter on this story: Ksenia Galouchko in Moscow at kgalouchko1@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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