MegaCom receives expression of interest from Swiss-based firm

22 Mar 2018

The Fund for State Property Management under the Government of the Kyrgyz Republic (FGI) has received an expression of interest in up-for-sale state-owned mobile operator MegaCom. The FGI website states that Swiss-based MFT Services SA registered interest in acquiring 100% of MegaCom (registered as Alfa Telecom), and the Fund has sent a letter to the cellco for further consideration. Having previously claimed that several groups have shown interest in MegaCom, the Fund added that an announcement regarding competitive bidding for the company will subsequently be posted on Kyrgyzstan’s public procurement portal zakupki.gov.kg.

MFT Services is part of Muller Financial & Trading, a group which began as a Russian oil consultancy in 2005 before expanding to Turkmenistan and subsequently other global markets, establishing the Geneva-based company MFT SA in 2012, specialising in oil/fertiliser trading/finance, shipping and storage.

Kyrgyzstan, MegaCom (Kyrgyzstan)