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UzACI, TeliaSonera heads meet to discuss cooperation issues

09/01/2008 09:40

The agency said Mr Nyberg was acquainted with current affairs and perspectives of economic development of Uzbekistan and work on introduction and development of telecommunication and information technologies.

The sides also considered issues of development mutual beneficial cooperation in new directions of mobile communication.

Mr Nyberg said TeliaSonera plans to invest about US$150 million in 2008 to modernize mobile network of Coscom. The company plans to change existing network, expand coverage area and increase number of base stations, as well as introduction of new services.

TeliaSonera acquired US-based MCT Corp., which has a controlling shareholding in Coscom, in July this year for US$292 million in a move to expand beyond its Nordic home market. Coscom is the third largest GSM operator of Uzbekistan.

Mr Nyberg was appointed President and CEO on 27 July 2007, and assumed his position on September 3. Mr. Nyberg is also Chairman of DataCard Inc. and board member of Autoliv Inc. Between 1995 and 2003 he was Chairman and CEO of NCR Corp, where he continued as Chairman until 2005. Previously, Mr. Nyberg held several managerial positions in Philips, and was a member of Philips Group Management Committee. Mr. Nyberg holds a Bachelor degree in Business Administration.

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Registration Certificate of Uzbekistan Press and Information Agency No. 0601 from 28 October 2009.

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