The local mobile operator Bakcell plans to cover the entire territory of the Apsheron peninsula with the superfast network LTE (4G) by April 1, 2016. This will allow the company to extend service to the 98.75% of the peninsula, increasing the network capacity by 2.5 times.
According to the report by Bakcell, for that within six months they will install 600 additional 4G stations, thereby increasing the total number of LTE base stations in Apsheron to 1 thousand. It will also consider the possibility of deploying 4G in other regions of the country.
According to the company, due to 400 base stations LTE it is the largest and leading operator of 4G network in Azerbaijan. The report emphasizes that on the results of several independent control tests and tests conducted in the country in 2015, Bakcell, having more than 5.3 thousand base stations, occupies a leading position in the market on the quality of the network and the application of new technologies.
LLC Bakcell is the oldest local mobile operator (established in March 1994). The network 4G, according to the company, has operated in Baku since 2014. --17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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