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January 7, 1997updated 05 Sep 2016 1:00pm


By CBR Staff Writer

Mitsui & Co Ltd has won the $100m tender to improve Uzbekistan’s telecommunications system. Mitsui will buy and deliver equipment necessary to install exchanges with a capacity of 251,000 lines in the Karakalpakstan, Bukhara, Navoi and Khorezm regions and will also lay over 1,000 miles of fiber optic lines. The deal to sell a 49% share in the republic’s state telecommunications monopoly to Deutsche Telekom AG has fallen through and a banker close to the deal said Deutsche Telekom had double-checked its figures and found that the deal was too costly.

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