State Demonopolization Committee accuses MTS Uzbekistan in law violations

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Technologies 08/08/2012 State Demonopolization Committee accuses MTS Uzbekistan in law violations

State Demonopolization Committee accuses MTS Uzbekistan in law violations

Tashkent, Uzbekistan (UzDaily.com) -- State Committee of Uzbekistan on Demonopolization, Support of Competition and Entrepreneurship accused FE LLC Uzdunrobita (100% subsidiary of Mobile TeleSystems OJSC) for violations of antimonopoly laws, consumer protection laws and advertisements laws.

MTS said that on 6-7 August 2012, 16 regional antimonopoly departments of Uzbekistan simultaneously held hearings and declared that Uzdunrobita FE LLC violated antimonopoly laws, consumer protection laws and laws governing advertisements.

In total, the claims of the antimonopoly regulator against Uzdunrobita amount to approximately US$80 million.

The Company will appeal the aforementioned decisions in accordance with the procedures set forth by the laws of the Republic of Uzbekistan.

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