Russian telco MegaFon in talks to pick stake in Napers-backed Mail.ru

Russian telco MegaFon in talks to pick stake in Napers-backed Mail.ru

The logo of Mail.ru Group Ltd. sits on display in the company's offices in Moscow, Russia, on Monday, June 17, 2013. Photographer: Andrey Rudakov/Bloomberg

MegaFon PJSC, the Russian wireless carrier controlled by billionaire Alisher Usmanov, said it is in talks with Mail.ru Group Ltd. shareholders about buying a stake in the internet company.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter