Golden Telecom Inc said it has sold its stake in MCT Corp to TeliaSonera AB for up to US$48 million in cash.
The 5th International Information and Communication Technology Summit (ICT Summit 2007) will be held on 27-28 September in Tashkent.
TeliaSonera AB, the leading telecommunications company in the Nordic and Baltic region, has on July 16, 2007, closed the MCT Corp. (MCT) acquisition announced on July 9. TeliaSonera acquired 100 percent of the shares in MCT, a US based company with majority controlling shareholdings in three Eurasian GSM operators in Uzbekistan and Tajikistan and a small minority interest in the leading GSM operator in Afghanistan, for an enterprise value of approximately SEK 2.0 billion (US$300 million).
Number of subscribers of MTS-Uzbekistan, former Uzdunrobita, made up 1.95 million as of 30 June 2007, owner of the company Russia’s MobileTeleSystems (MTS) said on Monday, 16 July.
Deputy Prime Minster of Uzbekistan, Director General of the Uzbek Agency of Communication and Informatisation (UzACI) Abdulla Aripov met with the President of the Korea Telecom Mr. Nam Jung Su, UzACI website said.
Uzbek Agency of Communication and Informatization hosted the meeting of the Deputy Prime Minister of Uzbekistan, Director General of the UzACI Abdulla Aripov and a delegation of the Sumitomo Corporation headed by its Executive Office, General Manager of the Telecommunication, Environment and Industrial Infrastructure Division Mr. Takafumi Sone.
Number of subscribers of Uzdunrobita, using MTS-Uzbekistan brand, reached 2 million point, the company said. Uzdunrobita is the largest mobile operator in Uzbekistan in terms of subscribers’ number and its market share is over 50%.
Number of mobile users in Uzbekistan made up 3.7 million people as of 1 July 2007, a complex on information systems and telecommunication of Cabinet of Ministers said at the session dedicated to the first half of 2007.