MobiUz mobile network operator sold for $351 Million

The consortium led by the US-based company “McKim and Company”, which includes financial investors and the sector-specific technological partner “JVR Enterprises LLC” (DBA – “JVR Capital Group”), has been declared the winner of the privatization process for the 100% state-owned stake in the charter capital of “Universal Mobile Systems” LLC (MobiUz).

According to this proposal, the value of MobiUz is estimated at $351 million. Additionally, there are plans to invest up to $500 million. This planned investment will provide a new impetus to the development of the country's digital infrastructure, internet quality, and 5G technologies.

👉 https://pivot.uz/mobiuz-mobile-operator-sold-for-351-million/

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