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Belarus invites Azerbaijan to participate in privatisation of country's leading mobile operator

Azerbaijan Materials 16 January 2014 16:05 (UTC +04:00)
The Ministry of Communications and Information Technologies of Azerbaijan received an offer from the Belarusian Embassy in the country for Azerbaijani investors to participate in the privatisation of the MTS JV which is in the economic management of the unitary telecommunications enterprise Beltelecom

Baku, Azerbaijan, Jan.16
By Huseyn Valiyev - Trend:

The Ministry of Communications and Information Technologies of Azerbaijan received an offer from the Belarusian Embassy in the country for Azerbaijani investors to participate in the privatisation of the MTS JV which is in the economic management of the unitary telecommunications enterprise Beltelecom, the ministry told Trend on Jan.16.

According to the ministry, the bids for the privatisation of 51 percent of the shares of the leading mobile operator in Belarus will be held by the State Committee on Property of the country in Minsk on February 6.

As the ministry stressed, the embassy is ready to provide all possible support to Azerbaijani companies interested in participating in the contest. The ministry said that the initial cost of the sale of MTS JV shares is $863 million.

An announcement on the competitive selection of investors for the sale of a share in the authorised fund of Mobile TeleSystems JV owned by Belarus and under the economic management of the Republican Unitary Telecommunications Enterprise Beltelecom, is available from the State Property Committee of Belarus at: gki.gov.by / about / press / news/c0ba3f6b96aaa4c2.html.

Translated by M.L.

Edited by S.M.

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