MagtiCom launches HSDPA service

MagtiCom, Georgia’s second largest cellco by subscribers, has launched an HSDPA network in the country, according to Reuters. MagtiCom, which is 50.1% owned by US-based Metromedia International Group, said the 3.5G technology will provide its customers with faster internet browsing and video and music downloads. It hopes the launch will make it more competitive in the wireless market and help to close the gap in market share between itself and nearest rival Geocell, a subsidiary of TeliaSonera, which launched its HSDPA platform in July 2008. According to TeleGeography’s GlobalComms database, at the end of September 2008 MagtiCom had a market share of 41.87%, compared to Geocell’s 46.89%.