TeliaSonera to acquire Eurasian telecom holding company MCTTeliaSonera AB said it has signed an agreement to acquire up to 100 pct of the outstanding shares in MCT Corp, a US-based company with majority, controlling shareholdings in three Eurasian GSM operators in Uzbekistan and Tajikistan and a minority interest in the leading GSM operator in Afghanistan.
The acquisition price was not disclosed.
The four GSM operators are: The Uzbek-American Joint Venture Coscom LLC, the third-largest mobile operator in Uzbekistan, where MCT has a 99.97 pct interest; CJSC Indigo Tajikistan and CJSC Joint Venture Somoncom, which combined is the second-largest mobile operation in Tajikistan and in which MCT has 60.0 pct and 59.4 pct respectively; and Telecom Development Co Afghanistan Ltd (Roshan), the largest mobile operator in Afghanistan, in which MCT has a 12.25 pct interest.
TeliaSonera said it expected the deal to close during the third quarter.
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