Uzbekistan’s competition regulator has approved Veon’s purchase of all shares in Perfectum mobile operator, imposing seven conditions including a three-year independence requirement and a freeze on 5G tariffs.
Uzbekistan has begun formal preparations to privatise the $3.42 billion Uzbekistan GTL plant, with an IPO also under consideration, but the agency leading the process could not provide current financial figures at a press conference — while a criminal trial over construction defects and a $1 billion Air Products deal add complexity to any future sale.
AUGA chief Sohibjon Murodov says Big Four firms — not the agency itself — screen privatisation bidders for ties to senior officials, but key details of how those checks work remain publicly unexplained.
