Currency rates from 15/11/2024
$1 – 12800.13
UZS – -0.06%
€1 – 13467.02
UZS – -1.07%
₽1 – 129.02
UZS – -0.87%
Search
Technologies 09/07/2007 TeliaSonera says to buy mobile player MCT Corp

The Nordic region’s top telecom operator, Swedish-Finnish TeliaSonera , said on Monday it reached a deal to buy US-based MCT Corp., which has stakes in mobile operators in Uzbekistan, Tajikistan and Afghanistan.

 

The firm said in a statement the transaction is expected to close by the third quarter.

 

MCT has controlling shareholdings in Uzbek-US joint venture Coscom LLC -- Uzbekistan’s third-largest mobile operator -- and CJSC Indigo Tajikistan and CJSC joint venture Somoncom, which combined is the number two mobile operator in Tajikistan. It also holds 12.25% of Telecom Development Company Afghanistan (Roshan), Afghanistan’s largest mobile player.

 

TeliaSonera did not disclose financial details of the deal.

Stay up to date with the latest news
Subscribe to our telegram channel