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Fintur buys govt stake in Azercell for USD 180 million

  • February 14th, 2008
  • 2:04 pm

Azercell’s 35.7 percent government ownership will be privatised. The deal is pending certain closing procedures. Azertel, the parent company of Azercell and a majority-controlled subsidiary of Fintur Holdings, acquired the entire stake of the republic of Azerbaijan for USD 180 million. Azertel will thereby increase its ownership in Azercell to 100 percent while Fintur’s effective ownership in Azercell remains at 51 percent. TeliaSonera’s direct and indirect ownership in Fintur is 74 percent.

   
 

Azercell signs new roaming agreements (Azerbaijan)

  • September 27th, 2007
  • 3:29 pm

Cellco Azercell has signed roaming agreements with two more operators; the United Arab Emirates cellco Du, and the Spanish company Xfera. The Azerbaijani mobile firm, was the market leader at the end of June 2007 with 2.6 million subscribers, now has 338 roaming agreements in 140 countries around the world.

   

 

 

 

Azercell offers free GPRS to post-paid users (Azerbaijan)

  • September 25th, 2007
  • 3:20 pm

Azercell, Azerbaijan’s dominant cellco by subscribers, has announced that all subscribers taking a post-paid package will get 5MB of free GPRS data traffic at the start of every billing cycle from now until 5 January 2008. Unused entitlement cannot be carried forward. Azercell was established on 19 January 1996 by Turkcell Iletisim Hizmetleri and the Azerbaijan Ministry of Telecommunications. The company launched services on 15 December 1996. It had 2.6 million subscribers at the end of June 2007, an approximate 75% market share.

   

 

Azerbaijan moots privatisation of telcos (Azerbaijan)

  • September 17th, 2007
  • 12:51 pm

Ali Abbasov, Minister of Communications and Information Technology, has hinted that two state-owned telcos AzTelekom and BakTelekom may be privatised soon. He told a press conference that consultants Ernst and Young are investigating the feasibility of a sell off, adding, ‘There is somewhat stagnation in privatisation of telecommunications networks in the world. We have developed proposals how to take advantage of the situation and achieve the rapid development of telecommunications network for reaching the full coverage of the country.’ Under the 2005-2008 E-Azerbaijan project, AzTelekom, BakTelekom and joint ventures CATEL, Azercell and AzEurotel were all named as candidates for privatisation. Pre-privatisation structuring and management improvement is ongoing in these units, carried out under the auspices of the State Committee for Public Property Management.

   

 

AZERCELL SIGNS ANOTHER GPRS/MMS ROAMING AGREEMENT WITH SPAIN

  • January 23rd, 2007
  • 11:41 am

Azertag writes…Azercell Telecom signed a contract with Spain’s Vodafone mobile operator, launching GPRS/MMS roaming services. It is the second GPRS/MMS roaming agreement with Spain. At present, Azercell subscribers use services of the Spain’s operator - Telefonica.

To date, Azercell Telecom has clinched 69 GPRS/MMS roaming agreements with 34 countries’ mobile operators.

   


 

 

Azercell’s 2006 expansion targets met

  • January 15th, 2007
  • 12:43 pm

Telegeography writes…Azerbaijani cellco Azercell, which according to TeleGeography’s GlobalComms database had 2.15 million subscribers at the end of September 2006 and a 79% market share, has said that its plans to extend its network coverage last year had been achieved. The operator installed 30 base transmitter stations (BTS) during December, taking the total for the year to 328. The Azercell network at the start of 2007 consisted of two home location registers, 13 BTS controllers, 16 switching centres and 1,078 BTSs.