Friday, 22, November, 2024

Alisher Usmanov’s USM Holdings may buy a mobile phone operator Coscom (Ucell), CNews said. According to CNews, USM Holdings is in talks with the Swedish Telia to purchase Coscom.

Ucell is the second-largest cellular-phone company in Uzbekistan in terms of customers, 9.1 million in the year-end of 2016.

In 2015, Telia announced it wishes to sell its assets in the Eurasia, which includes the CIS countries (except Russian Megafon), Georgia and Nepal.

 

Latest in Business