“Azercell Telekom” JV participated at 3GSM World Congress

Baku, February 19, 2007

The 3GSM World Congress combines the world's largest exhibition for the mobile industry with a cutting edge congress featuring the most prominent Chief Executives representing mobile operators, vendors and content owners from across the world. The event is where the industry defines its future and creates business. The GSM Association held GSMA Leadership Summit, Mobile Innovation Forum, Mobile Innovation Forum, Mobile Entertainment Summit and other several seminars and forums at the 3GSM World Congress in Barcelona during 12-15 February.

Deputy minister of communication and information technologies Iltimas Mammadov and vice-chairman of the state committee for management of the state property Rustam Shahbazov represented Azerbaijan government at the 3GSM World Congress.

“Azercell Telecom” JV is the only company from Azerbaijan that participated in this congress. “Azercell” participation was held under “Fintur Holdings” B. V. umbrella, which is managing the operations of “TeliaSonera” Group companies in Eurasia since 1996.

“Fintur Holdings” B.V. is the major shareholder of the leading mobile operators in Azerbaijan (“Azercell”), Georgia (“Geocell”), Kazakhstan (“K’Cell”) and Moldova (“Moldcell”) with total subscribers of 6.8 million and employees of 1,900. Eurasia Business Area of “TeliaSonera” is also responsible for developing companies’ shareholdings in Russian “MegaFon” (44%) and Turkish “Turkcell” (37%).

“Fintur Holdings” B.V. gives to its joint ventures – “Azercell”, “Geocell”, “K’cell” and “Moldcell” the opportunity to be part of one of the biggest mobile technology exhibitions in the world. 3GSM World Congress was uniquely positioned as it is fully endorsed by the GSM Association and attracted over 51,000 visitors during the four days.

“Azercell Telecom” JV joined 3GSM World Congress every year and participated in the world's largest exhibition for the mobile industry for the first time. During 3GSM World Congress “Azercell” enlightened that the market we operate in isn’t only economically developing but also developing in political and social aspects. “Azercell” continuously invests in the community of Azerbaijan to help sustainable development and con pioneers of good corporate governance practices and since it has a strong track record in our home market, mobile operator contributes to the business culture in our market and “Azercell”s CSR projects are the benchmarks in the region. “Azercell Telecom” is the most reputable operator in the region and will stay so.

In its 10 years history “Azercell Telecom” JV has successfully reached goal on expanding the field of its coverage and providing high-quality telecommunication services in all over the Azerbaijan. Participation in such kind of big events helped “Azercell” to continue its tradition of bringing latest technologies to Azerbaijan under the strategy of “Azerbaijan and its people deserve all the best”. As a benchmark in the region “Azercell Telecom” JV was acquainted with innovations in high-tech and will use this knowledge for interests of subscribes.