Digital Holding starts operating in Uzbekistan

Digital Holding will be headed by Vladimir Kravchenko. He served as CEO of Ucell.

USEM Telecom and MegaFon, together with partners from Uzbekistan, have completed the formation of a joint venture, Digital Holding. The parties signed the final package of documents on the establishment of the joint venture. Digital Holding will be headed by Vladimir Kravchenko, who previously held the position of CEO of Ucell.

Digital Holding aims to become the technology leader of the largest telecommunications market in Central Asia. The company's activities will be aimed at expanding access and improving the quality of telecommunications services in the Republic of Uzbekistan, in particular, through the formation of a digital infrastructure in accordance with international standards, as well as the introduction of advanced technologies and systems in the fields of data storage and processing, digital marking and traffic control of individual types of goods.

The Russian side will invest $ 100 million in the development of Digital Holding.