China will invest $550 million in the Uzbek national mobile service provider

China Development Bank (CDB) is going to invest in the Uzbek national operator “Uzmobile” establishing its GSM-network. For these purposes, in the years 2014-2017 the bank will allocate a loan worth $ 550 million the Uzbek government“This project has already been included in the public investment program”, – said the representative of the State Committee of communication, information and communication technologies (State Committee) of Uzbekistan. He said that the “Uzmobile” company plans to install 3.9 thousand base stations and 4 thousand sets of radio relay equipment with the license capacity of 8 million numbers.

Today in Uzbekistan there are two GSM-operators: OOO Unitel (holding company Vimpelcom Ltd) and OOO Coscom (Scandinavian TeliaSonera). Universal Mobile Systems, a joint venture with Russian MTS started its activities in the country in December. The market also has two CDMA-operator – JV Rubicon Wireless Communication and “UzMobile.”
As previously reported IA REGNUM, China became more active in Uzbekistan over the past two years; in ten years 2002-2012, China has invested in Uzbekistan $ 4.5 billion, by the end of the summit talks in 2013 and 2014 this figure had risen more than twice.

Details and sources

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About Ahmed Islamov

I was born and raised in Uzbekistan and lived in that country for about two thirds of my life. I left the country about 14 years ago but sustained tight bonds with my family and friends living there. I know and communicate personally with hundreds of people including blue-, white- or pink-collar workers. I am naturally very attached to and concerned with everything that is going on there.
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