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United Georgian Telecom investor refutes sale of company

ICT Materials 25 February 2009 18:03 (UTC +04:00)

Kazakh investor of the United Georgian Telecom denies sale of the company. According to reports disseminated in Russian media outlets, Russia's Megafon is negotiating with the investor to acquire the company. 

Company's Director General Alikhan Temirbakov said the Kazakh company does not intend to sell the United Georgian Telecom.

"Such kind of sensational information shouldn't be spread," Temirbakov said.

Megafon operates in Georgia without a license. The communication committee fined the company for illegal activities in Samachablo and Abkhazia. 

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