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.
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.
South Korea, one of the world’s most wired societies, offered Tuesday to share its expertise with other Asian countries to help bridge the region’s IT divide.
A regional forum attended by 30 Asian nations opened in Seoul on Tuesday to discuss ways to close the information gap and increase economic and security cooperation between the countries, as well how to persuade North Korea to implement its commitments under a February disarmament agreement, Yonhap reported.