PJSC Megafon 2016 AR2
The report highlights MegaFon's performance and strategic transition toward becoming an integrated digital communications company in 2016. Despite intense competition and macroeconomic challenges, the company maintained its market position with a subscriber base of 77.4 million and consolidated revenue of RUB 316.3 billion. Key achievements include the commercial launch of Russia's first VoLTE network in Moscow, testing 5G speeds up to 4.94 Gbps, and launching the innovative MegaFon bank card. On the sustainability front, the company invested over RUB 500 million on social benefits for employees and allocated RUB 180 million to charitable initiatives, focusing on orphans and people with disabilities.
Company: PJSC Megafon
Sector: Technology & telecommunications
Country: Russia
Year: 2016
Type: AR2
Pages: 222
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PJSC Megafon
Annual Report
The report highlights MegaFon's performance and strategic transition toward becoming an integrated digital communications company in 2016. Despite intense competition and macroeconomic challenges, the company maintained its market position with a subscriber base of 77.4 million and consolidated revenue of RUB 316.3 billion. Key achievements include the commercial launch of Russia's first VoLTE network in Moscow, testing 5G speeds up to 4.94 Gbps, and launching the innovative MegaFon bank card. On the sustainability front, the company invested over RUB 500 million on social benefits for employees and allocated RUB 180 million to charitable initiatives, focusing on orphans and people with disabilities.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees