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TeliaSonera expands its Eurasian presence |
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Tuesday, 10 July 2007 |
TeliaSonera has signed an agreement to acquire up to 100 percent of the outstanding shares in MCT Corp. (MCT), a
US based company with majority controlling shareholdings in three Eurasian GSM operators in
Uzbekistan and
Tajikistan and a minority interest in the leading GSM operator in
Afghanistan. The closing of the transaction is pending fulfilment of certain conditions and TeliaSonera estimates that these conditions will be met during the third quarter 2007. The four GSM operators are: Coscom, the third largest mobile operator in
Uzbekistan; Indigo Tajikistan and Somoncom which combined are the second largest mobile operation in
Tajikistan and Roshan, the largest mobile operator in
Afghanistan.
www.teliasonera.com |
