The ex-director of MegaFon in Siberia headed the telecom operator in Uzbekistan

YueSam Telecom and MegaFon, together with partners from Uzbekistan, have completed the formation of a joint venture Digital Holding. It should become "the technological leader in the largest telecommunications market in Central Asia," MegaFon believes.

The joint venture includes 100% of the authorized capital of the telecom operator Ucell, USM subsidiaries - CRPT Turon and ICS Holding Uzbekistan. The Russian side will also invest $100 million in the development of Digital Holding. In the joint venture, 51% will be owned by Digital Invest, a joint venture between MegaFon and YueSeM Telecom, and 49% by the State Assets Management Agency of Uzbekistan.

Digital Holding will be headed by Vladimir Kravchenko, who previously held the position of CEO of Ucell. Andrey Shishkovsky has been appointed as the new CEO of Ucell (COSCOM LLC). From 2015 to 2019, he worked as the director of the Siberian branch of MegaFon, and from 2019 to 2021 he supervised the regions of Siberia as the company's regional development director.

“I am sure that the expertise of MegaFon and our partners ICS Holding and CRPT, as well as the professional team formed already at the stage of creating the joint venture, will allow the holding to take a leading position in the country and offer the most advanced technologies to both subscribers and the business community . From MegaFon, we will provide our colleagues from Uzbekistan with full access to our experience, technologies and successful cases,” commented Khachatur Pombukhchan, CEO of MegaFon.