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Last word in privatization of state share in Azercell belongs to government Head of Company

Politics Materials 10 August 2006 15:00 (UTC +04:00)
Last word in privatization of state share in Azercell belongs to government  Head of Company

The final decision in the privatization of the state share of Azercell Telecom JV belongs to the government, the president of the company Halim Atesh told on August, Trend reports.

According to Atesh, all required official documents have been submitted to the relevant state bodies by the company.

According to our information, the works in this direction are carried out in a state level, results of which we are awaiting, he stressed.

The participation share of Azerbaijani government (in the person of the Ministry of Communications and Information Technologies) in the structure of JV is reported at 35.7%. Azercell Telecom JV founded by the Ministry of Communications and Information Technologies of Azerbaijan and Fintur Holdings started its activity as a mobile operator in December of 1996.

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