Bank Of Baku

Azerbaijan prepares for privatization of communication enterprises

Azerbaijan prepares for privatization of communication enterprises
# 22 January 2011 11:31 (UTC +04:00)
According to Minister Communication and Information Technologies Ali Abbasov, Open joint-Stock Company is planned to be established, merging the stationary communication enterprises. This new OJSC will include Aztelekom, Baku Telephone Communication Production Union and other enterprises around them.

State Committee for Property Issues will manage the OJSC. At the second stage, this organization will be privatized.

According to Abbasov, normal market system will be established in Azerbaijan’s ICT market.
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