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...
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...
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...
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...