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MTS Uzbekistan Dismisses Remaining Staff at Mothballed Network
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MTS Uzbekistan has made all its remaining staff redundant as the company struggles to overturn a regulatory ban on its network operations.
Following its network suspension last year, the company had retained around 300-400 staff to manage the network pending a restoration of services, but local media reports are saying that they have all been served with redundancy notices.
Only last month, the company had been hopeful of settling the dispute and resuming services on the mothballed network.
The network was closed down last September after an Uzbek court issued a ruling to confiscate all of MTS's local assets in favour of the Uzbek state, in connection with a judgment against four employees of the mobile network over a US$900 million tax dispute.
MTS's local company, Uzdunrobita had a 40 percent share of the country's 25 million-subscriber mobile-phone market before it was closed by the government.
The closure of the network has also had a significant impact on the country's mobile phone users, who are struggling to get connections with the state-owned rival. The seizure of MTS assets has been seen as a way for the state operator to boost its network capacity in the short term.
MTS has already written off the value of its assets in the country to the value of US$1.1 billion.
On the web: UzNews
Tags: [mts] [Uzbekistan]
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