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Tag Archives: MagtiCom

Mobile Operators Received 14.6 million Revenue From Calls

In July mobile companies have received record number of revenue. According to analytical portal of the National Communications Regulatory Commission, revenues of mobile operators received income of 43 million lari in July. From mobile calls, operators received income of 14.6 million lari in July. Number saw decrease compared to the …

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Magticom Suffers from Two-Week Continuous Cyber Attacks

MagtiCom is Growing Tariffs With G-Mobile and Roaming Partners

Over the past 2 weeks continuous cyber attacks are being carried out on various segments of Magticom Internet network, the company statement reads. “Magticom has a well protected network and upon detecting cyber attack signs the company technical staff has enhanced security mechanisms. A part of Magticom subscribes had an …

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Living in the Highest Inhabited Settlement of Europe

Living in the highest inhabited settlement of Europe

With the altitude of 2200 meters Ushguli is referred as the highest inhabited village in Europe. It is located at the feet of Shkhara, one of the highest Caucasian summits. Unlike many other villages high in the mountains it is still inhabited. Up to 70 families live in the area. …

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TOA: International Incoming Calls May Be Ceased in Georgia

Geocell, Mobitel and Magticom companies have notified transit operators for international incoming calls about cessation of interconnection. According to Association of Telecommunication Operators, the above-mentioned companies ignore  obligations set by the regulatory commission for providing competitive environment on the market. “Law on electronic communication bans interconnection restriction or disruption without …

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Geocell and Magticom Granted to Use Numbering Resources

 Geocell and Magticom were granted to use numbering resources. National Communications Commission granted numbering resources to these companies due to their application. Geocell owns 958 222 customers and the company could use numbering resources only until April, 2017. The commission allowed Geocell to use following numbering resources: 5-7-7 for 608 …

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Magticom has 30 percent More Income than Geocell

Georgia has 4 934 281 mobile phone subscribers. According to 2016, the majority of subscribers belong to Magticom.  There are 1 987 000 subscribers in Magticom network. There are 1 716 000 subscribers in Geocell network. On the third place, 1 206 000 subscribers belong to Beeline. The monthly incomes …

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Magticom Acquired 100 Percent of Deltacom Shares

Earlier in September Georgian National Communications Commission (GNCC) accepted a joint statement by LLC Magticom and LLC Deltacom. The companies asked GNCC to let Magticom buy 100% stake in Deltacom. Based on this application, GNCC instituted administrative proceedings to examine available influence on corresponding segment of the market. GNCC has …

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MagtiCom has Launched Cable Internet and Internet Television (IPTV)

MagtiCom has Launched Cable Internet and Internet Television (IPTV)

From August 1, MagtiCom shall be providing the customers with cable internet, internet television, fixed telephony and hosting services of Caucasus Online. The process of integration has commenced and is planned to be concluded by the end of this year. As a result the customers will receive versatile and innovative …

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EBRD is Supporting Georgia’s Leading Telecoms Company

EBRD is Supporting Georgia’s Leading Telecoms Company

The European Bank for Reconstruction and Development (EBRD) is supporting Georgia’s leading telecoms company MagtiCom with a $100 million loan to improve and expand its broadband penetration in the regions of Georgia. The EBRD financing will enable MagtiCom to acquire the fixed-line broadband internet network platform from the Caucasus Online …

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Magticom to Complete Reregistration of Caucasus Assets in August

MagtiCom Wants to Attract 100 mln USD from EBRD

Magticom has announced about replacing the service supplier. Based on the Agreement with LLC Caucasus Online, Magti will receive all required assets to provide corporate and retail services. The process will be completed in August 2016 and then Magticom company will provide services to Caucasus Online clients. The process of …

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MagtiCom Wants to Attract 100 mln USD from EBRD

MagtiCom Wants to Attract 100 mln USD from EBRD

MagtiCom wants to attract up to US$ 100 million senior A/B Loan from EBRD. The use of proceeds is to finance acquisition of retail assets of Caucasus Online (“CO”). European Bank for Reconstruction and development (EBRD) has already started considering of senior A/B Loan. Up to US$ 100 million senior …

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Magti Pushes us Back to 1990s

MagtiCom Wants to Attract 100 mln USD from EBRD

Magti raises service tariffs after competitive environment narrows. Magticom has increased the standard tariffs in all cellular and landline networks to 0.24 GEL a minute. The Banks&Finances wrote in April that Magticom company intended to increase service tariffs. The company notified its subscribers about the decision via SMS notification, but the …

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