MTS Turkmenistan to resume activities

The mobile operator MTS announced the resumption of the activities in Turkmenistan and obtaining licenses, technical and legal conditions necessary for resumption of operations in this country.

OJSC "MTS" and the State Telecommunications Company (GKE), "Turkmen", acting in accordance with the Resolution of President Gurbanguly Berdimuhamedov signed a contract on the terms of the Commercial Society "MTS Turkmenistan", 100-percent subsidiary of OJSC "MTS" in the Republic. Contract with GKE "Turkmen," concluded a period of five years with the possibility under certain conditions of prolongation for the same period.

The agreement between MTS and "Turkmen" provides that "MTS Turkmenistan" will pay monthly GKE "Turkmen" 30% of net income, calculated in accordance with the accounting rules of Turkmenistan, and received from the company's activities in the Republic.

"MTS Turkmenistan" was licensed to provide telecommunication services in GSM and 3G networks for a period of three years, has entered into several agreements with the state-owned enterprises of communication of Turkmenistan to join networks that interact at the level of infrastructure and implemented a number of additional activities that allow the network to resume work on the entire territory of the Republic of Turkmenistan.

The state of infrastructure in Turkmenistan, MTS allows you to quickly restore the network and begin providing all services in the same volume of more than 2.4 million subscribers.

OJSC "MTS" and its 100% subsidiary of BCTI, Republic of Turkmenistan, Ministry of Communications of Turkmenistan, the State Telecommunications Company "Turkmen" and enterprise mobile "Altin Asir," July 25, 2012 signed an agreement to settle all mutual claims related to the suspension of the MTS Turkmenistan in December 2010.