Kyrgyz mobile sales reach KGS13.5bn in 9M13; Aktel declared insolvent

10 Jan 2014

Revenue generated from the provision of mobile services in Kyrgyzstan reached KGS13.45 billion (USD273 million) in the first nine months of 2013, Tazabek reports, citing figures from the National Communications Agency. According to the agency, average revenue per user (ARPU) totalled KGS160.6 per month over the period.

In a separate report, Tazabek writes that the Bishkek Inter-District Court has recognised mobile operator Aktel, which provides CDMA services under the Fonex brand, as bankrupt. Last year FinanceCreditBank launched a lawsuit against the company, claiming that it is owed around KGS8 million from the wireless operator. Aktel secured a mobile concession in 2002 and launched services over a CDMA2000 1×800MHz network built by Huawei Technologies in November 2003.

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