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Technologies
13/03/2013
MTS may leave Uzbekistan’s mobile communication market
MTS may leave Uzbekistan’s mobile communication market
Tashkent, Uzbekistan (UzDaily.com) --
Mobile TeleSystems (Russia) may leave mobile communication market of Uzbekistan next month, chairperson of the Council of directors AFK Systema Vladimir Yevtushenkov said.
In interview to Vesti FM radio station Vladimir Yevtushenkov noted that Mobile TeleSystems can leave market of Uzbekistan in April 2013.
AFK Systema is one of the shareholders of Mobile TeleSystems, one of largest mobile operators of Russia and CIS.
Uzdunrobita has filed a petition to declare bankruptcy in the Tashkent Economic Court in January 2013.
The application was submitted after it cannot fulfill its obligations in line with the decisions of Tashkent city court from 17 September 2012 and Appeal Board of Tashkent court from 8 November 2012. In line with court decisions, Uzdunrobita should pay fines and penalties for about US$600 million.
State bodies of Uzbekistan withdrew all licenses of MTS Uzbekistan in July 2012 due to large number of violations. The court supported decision and the operator abolished to render services to its customers.
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