China to issue US$550m to Uzbekistan to develop Uzmobile

The project was included to investment programme of Uzbekistan. China Development Bank will finance the project on development of Uzmobile.

President of Uzbekistan Islam Karimov signed a resolution “On measures on organization of activity of national operator of mobile communication” on 12 February 2014.

Uzbekistan creates national operator of mobile communication on the base of Uzmobile, a branch of the joint stock company “Uzbektelecom”. The operator will provide services on GSM standard, while continue to develop CDMA-450 network, which it created in 2004.

The operator will install 3,900 base stations and 4,000 sets of radio relay equipment with total number capacity of 8 million numbers.

In November2014, Huawei Technologies signed a contract with Uzbektelecom on supply telecommunication equipment for US$117.6 million within the first stage of the project (installation of 1,020 base stations with the capacity of 2 million numbers).