MegaCom revaluation suspended

9 Aug 2018

Kyrgyzstan’s Fund for State Property Management cancelled a tender on 1 August to select a company for the revaluation of up-for-sale mobile operator MegaCom, the Tazabek news agency reported. The Fund had received four applications in the valuation tender launched in April, but has now suspended the process, pending final approval of the government’s 2018-2020 privatisation programme. The government has failed in several previous attempts to re-privatise MegaCom (registered as Alfa Telecom), due to a lack of qualified bidders.

Kyrgyzstan, MegaCom (Kyrgyzstan)