The United States excluded the provision of communication services by MegaFon from sanctions restrictions

The Office of Foreign Assets Control of the US Treasury (OFAC) has excluded the provision of communication services by MegaFon from sanctions restrictions. Corresponding general license published on the website of the US Department.

According to the document, MegaFon is allowed to provide telecommunications services. Also, the US Department of the Treasury lifted restrictions on companies exporting, re-exporting, selling and supplying services, software, hardware and technologies for the provision of communication services via the Internet from the United States or by American persons.

Earlier today representatives of MegaFon declared Vedomosti that US sanctions will not have a direct impact on business, subscribers and services, since the issued license excludes services in the field of communications and payments from sanctions. At the same time, the company considers the very fact of adding the operator to the black list “unreasonable and illogical” in the company. “Megaphoneintends to challenge this decision.

April 12 US Treasury introduced sanctions against Megafon by adding the company to the SDN list. The reason for the company being blacklisted was that its owner is the USM Group, 49% of which is owned by Alisher Usmanov. The businessman has been under US sanctions since February 2022.