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Vimpelcom Puts Into Technical Exploitation Network In Georgia

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  • Vimpelcom Puts Into Technical Exploitation Network In Georgia

    VIMPELCOM PUTS INTO TECHNICAL EXPLOITATION NETWORK IN GEORGIA

    Tbilisi, December 28. ArmInfo. OJSC VimpelCom (trade mark Bee-line)
    has announced about technical exploitation of the network Mobitel
    Ltd. in Georgia. VimpelCom acquired 51% stake in the Georgian
    operator Mobitel Ltd. for $12.6 million in July and option for
    acquisition of the remaining 49% stake. Mobitel has a license for
    provision of GSM-1800 services till the middle of 2013. However, the
    company did not provide the services. VimpelCom reports that Mobitel
    established GSM/GPRS/EDGE net within 6 months. The net is ready to
    introduce services of the third generation (3G). At present, Next
    Generation Network (NGN) equipment and Alcatel base stations have
    been installed. The equipment is being integrated, Russian Media
    report. The installed capacity of the activated net is designed for
    300,000 subscribers, whose number can be increased to 1 million. "We
    are actively preparing for the start of the operational activity of
    Mobitel in the territory of Georgia in accordance with the earlier
    scheduled plans. The activation of the net is an important step for
    the development of the company. We managed to make this step within
    the unprecedented short terms," says Executive Vice President for
    Business Development in CIS, Chief Technical Director of VimpelCom
    Sergey Avdeev. As Nikolay Pryanishnikov, VimpelCom Executive Vice
    President stated earlier, the net in Georgia was to be put into
    commercial exploitation in the first quarter of 2007. To recap,
    Vimpelcom holds also 90pct stake in ArmenTel CJSC.
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