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STATE SHARE IN AZEUROTEL MAY BE PRIVATIZED TILL LATE 2005

Business Materials 10 August 2005 18:22 (UTC +04:00)

The Azerbaijani government does not exclude putting the AzEuroTel State Enterprise for privatization till late 2005.

The Ministry of Economic Development plans to privatize first the enterprises, where the government holds certain share, i.e joint enterprises such as the Azercell Рё the AzEuroTel, Trend reports. The calculation of state share in the Azercell is underway.

The operator of mobile communications Bakcell was privatized last year.

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