Yota and MegaFon Bringing 4G to Russia in 2012

Telcos Yota and MegaFon have signed an agreement on joint development of LTE networks in Russia. Under the deal, MegaFon will be able to provide 4G mobile services using Yota’s equipment, while Yota can take advantage of MegaFon’s network infrastructure.

“Cooperation with MegaFon allows us to implement our LTE development plans and will enable both companies’ clients to start using 4G telecom services as early as next year,” says Yota’s CEO Denis Sverdlov.