EBRD loans Unitel USD30 million

13 Jun 2005

The European Bank for Reconstruction and Development (EBRD) has agreed to loan Greek-owned wireless operator Unitel USD30 million to expand its network. The bank, which owns a 7% stake in the wireless operator, states the money will be used to make communications services more widely accessible and will include the introduction of a pre-paid service, currently unavailable in the country. At the end of May Unitel claimed 106,000 customers, giving it a 25% market share.

Uzbekistan,Beeline (Unitel),



Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.