An annual general meeting of shareholders (AGM) of Uzbekistan’s national fixed-line operator Uzbektelecom has approved paying 2006 dividends of 88.63 soums per common share and 250 soums per preferred share, a company said.
MobileTeleSystems (MTS), largest mobile operator of Russia and CIS, said it increased its share in Uzbek GSM operator, Uzdunrobita, from 74% to 100%. The company said it spent US$250 million to gain full control in the Uzbek mobile operator.
Nordic telecoms operator TeliaSonera AB is completing talks to buy the Central Asian assets of US firm MCT Corp. through its majority-owned Fintur Holdings unit, news agency ComNews reports on Wednesday.
Number of mobile users in Uzbekistan made up 3.53 million or up by 30% compared to the beginning of 2007.
The US’ MCT Corporation is offering its 85% stake in Uzbek mobile operator Coscom to Nordic telecoms company TeliaSonera, a source close to the negotiations told Prime-Tass Monday.
Uzbek-US joint venture Coscom, Uzbekistan’s third largest mobile operator, plans to increase investments 50% on the year to US US$15 million this year, the company said Monday.
Six students of The Cisco Regional Academy of UzSciNet in Uzbekistan qualified to participate at the 3rd Student Networking Technologies Olympiad, which will be held on 27 June.
Uzbektelecom joint-stock company, Uzbek national telecommunication operator, said its income from its all branches made up 40.7 billion soums in the first quarter of 2007.
Deputy Prime Minister of Uzbekistan and director-general of the Uzbek Agency for Communication and Information (UzACI) met Ambassador Extraordinary and Plenipotentiary of Germany to Uzbekistan Matthias Mayer on 1 June.
The US Company MCT Corp. can be eventually forced out of the Uzbek telecommunication market. Its mobile operator Coscom can loose its license because of insufficient investment. Analysts believe certain political reasons explain the pressure on the US Company, CNews reported.