Georgian ISP plans to enter into market of Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) -- Georgian Internet service provider, Caucasus on-line, plans to enter into the markets of Azerbaijan, Turkmenistan and Uzbekistan, Georgian business consulting reported.

The provider doesn’t exclude a possibility of acquiring telecommunication companies in these countries or establishing partnership relations with them. Negotiations will end in a week, when company-partners will be determined.

Caucasus on-line controls about 70% of Georgian Internet market. The company also completed construction of fiber-optic main line Poti-Varna laid on Black Sea floor. In the near future it will start working. The construction cost was US$75 million.