Megacom outlines future investment plans

13 Dec 2010

Russia’s Eventis Telecom, which holds a 51% stake in Kyrgyzstani mobile operator BiMoCom, says it plans to invest USD50 million in the cellco by 2014. The funds will be spent on network modernisation and the development of new services such as third-generation technology, which the company plans to launch in early 2011. The 3G technology will also be future proofed to support the later evolution to Long Term Evolution (LTE), which can offer data rates of up to 100Mbps. According to TeleGeography’s GlobalComms Database, BiMoCom, which operates under the Megacom banner, received a GSM licence and 900/1800MHz spectrum allocation in March 2004. Russian vendor Protei began installing the operator’s infrastructure in November 2005 and an official launch in the capital Bishkek and the Chuy region followed in April 2006, making BiMoCom’s GSM network the second to be launched in the country. The government holds the remaining 49% of the company.

Kyrgyzstan, MegaCom (Kyrgyzstan)