VimpelCom scores Uzbeki double

18 Jan 2006

Russian wireless giant VimpelCom has announced that it has acquired 100% of Bakrie Uzbekistan Telecom LLC (Buztel), the fourth largest cellco in Uzbekistan, and has signed an agreement with Germanos and EBRD to buy the second largest operator, Unitel. VimpelCom will pay USD60 million plus USD2.6 million in debt for Buztel and USD200 million and USD13.4 million in debt for Unitel. As soon as is practible following the acquisitions VimpelCom plans to merge the two operators. Unitel currently has around 364,000 subscribers, giving it a market share of 31%.

Uzbekistan,Beeline (Russia), Beeline (Unitel),

Subscribe



Feedback

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

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

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

Advertise

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.

Share