The local mobile operator and Internet service provider Azercell Telecom announces the expansion of cooperation of its Center of Innovation and Entrepreneurship, Barama, with PASHA Bank. As stated in the press release, the sides signed the corresponding memorandum.
This is particularly important in the era of dominance of innovative technologies - the Center Barama continues to implement interesting projects. The main objective of this project for both companies is to create opportunities for business growth by promoting ICT and non-oil sector of Azerbaijan.
The Center Barama at Azercell and PASHA Bank have cooperated in the contest of Seedstars World last summer in Baku. The development of the banking sector, innovative technologies in this field, as well as support for small and medium-sized businesses are strategically important areas for PASHA Bank. For this reason, as a rallying point for the goals and interests of the two big companies, the Center for Innovation and Entrepreneurship Barama creates excellent opportunities for successful business cooperation.
The Center Barama, which began operations in 2009, has supported the emergence of new start-ups in the country as well as created opportunities to increase technological knowledge and the development of entrepreneurial skills among young people. The center collaborates with a number of global organizations, institutions and NGOs to further develop an innovative environment in our country.
LLC Azercell Telecom was founded in 1996 and maintains a leading position in the market since the early years of its operations. It has implemented country-wide series of innovative technologies and concepts, such as the GSM-technology, the system of pre-paid mobile services, GPRS / EDGE (mobile Internet), 24/7 Call Center, the office concept Azercell Express, the mobile e-service Asan Imza and others.
The company's network, which is 51 percent of the mobile market in the country, covers 99.8 percent of the population. The number of subscribers by the end of 2013 was 4.5 million. In 2011 the company launched a network of 3G, and in 2012 - the network of the fourth generation LTE. The company leads in the mobile industry of Azerbaijan and is the largest investor in the non-oil sector. --17D-
Economics
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