Baku / 25.02.19 / Turan: The State Telephone Network of Baku has signed a contract to create a network for 130,000 subscribers, telephone 80,000 apartments based on the use of GPON technology and expand the existing network.
The contract with DG Telecom LLC http://dgtelecom.az/ was signed on February 11. Its cost is 14 million 221.7 thousand manat (8 million 365.7 thousand US dollars).
The capacity of the telephone network of Baku Telephone Network LLC is 807,104 numbers https://www.baktelecom.az/stasionar-telefon. However, only 80.4% of the telephone numbers are in the use of subscribers.
DG Telecom LLC was established in September 2017 with a capital of 10 manat. The company"s director is Elmar Shahmuradov. What works this company has done before is unknown.
Under the Baku Telephone Network LLC (BTN), the Internet provider BakInternet has been operating since 2001. Through the BTN network, BakInternet (212,407) and other Internet service providers (52,460) are provided with broadband high-speed Internet services. Through 40.6% of the capacity of the telephone network, broadband high-speed Internet services are provided. --00
Economics
-
Azerbaijan's Cabinet of Ministers has approved amendments to the list of strategically important goods in the country's consumer market, as outlined in Decision No. 136 dated April 27, 2023. The update aligns with the implementation of the Law on State Reserves and a corresponding presidential decree, the government announced on Thursday.
-
Representatives of Azerbaijani and Latvian business circles convened in Baku for the "Azerbaijan-Latvia Information and Networking Meeting," marking a significant step in bolstering economic cooperation between the two countries. Latvian Ambassador to Azerbaijan, Edgars Skuja, underscored the event’s mission to connect entrepreneurs from both nations, aiming to enhance collaboration across multiple sectors.
-
The President of Azerbaijan approved the amendments on November 7, which were made to the “Law of the Republic of Azerbaijan on Credit Bureaus” by the Milli Majlis. The text of the amended law was published on November 28.
-
The European Bank for Reconstruction and Development (EBRD) has released its Transition Report 2024-25 for Azerbaijan, urging the country to take bold steps to improve economic governance and foster private sector development. The report outlines key priorities for Azerbaijan’s economic trajectory and highlights challenges stemming from its reliance on volatile energy markets.
Leave a review