Corporate Financing Analysis - Fonex Bankruptcy Highlights Kyrgyzstan Mobile Market Risks - 24 FEB 2014
Corporate Financing week February 2014 / Kyrgyzstan / Finance
The Bishkek interdistrict court has announced that CDMA-based company Aktel, which operates under the Fonex brand, is bankrupt with a KGS8mn debt to the Finance Credit Bank. Chingiz Bektashev, the...
Corporate Financing Analysis - Government Should Reconsider Kyrgyztelecom Privatisation Stance - 30 SEPT 2013
Corporate Financing week September 2013 / Kyrgyzstan / Finance
The government of Kyrgyzstan has included its 90.35% stake in national operator Kyrgyztelecom on a list of state property that will not be privatised, according to local sources. This confirms a...
Corporate Financing Analysis - Complex Dispute Highlights Business Environment Risks - 15 JULY 2013
Corporate Financing week July 2013 / Kyrgyzstan / Finance
Russia's leading telecom operator Mobile TeleSystems (MTS) has reached a US$150mn settlement with Altimo and Nomihold Securities Inc. over the disputed purchase of Kyrgyz mobile operator Bitel. MTS...
Corporate Financing Analysis - Third Time Still Unlucky, Says BMI - 25 MAR 2013
Corporate Financing week March 2013 / Kyrgyzstan / Finance
Kyrgyzstan's government will open the tender for a 75% stake in Kyrgyz Mobile Company for a third time on April 19 2013. The government has set a KGS152.5mn (US$3.2mn) reserve price for the operato...