TeliaSonera Eurasian acquisitionTeliaSonera said Monday it has signed an agreement to acquire up to 100% of the outstanding shares in MCT Corp., a U.S. 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 closing of the transaction is pending fulfilment of certain conditions and TeliaSonera estimates that these conditions will be met during the third quarter 2007.
The four GSM operators are:
Uzbek-American Joint Venture “Coscom” LLC (Coscom), the third largest mobile operator in Uzbekistan. MCT has a 99.97% interest in Coscom.
