Agreement for sale of Tcell no longer valid
Telia Company’s agreement with the Aga Khan Fund for Economic Development (AKFED) for the sale of Telia Company’s 60 percent holding in Central Asian Telecommunications Development B.V., which controls CJSC “Indigo Tajikistan” (Tcell) which was announced in September 2016, is no longer valid. The agreement has expired since The Anti-Monopoly Service in Tajikistan did not reply by the stipulated deadline between Telia Company and AKFED.“We have taken all relevant actions in trying to close the deal. The proposed buyer of our interest in Tcell, AKFED, is an established investor in the region