Silknet Celebrates its 10 year Jubilee by Introducing 10 Best Offers for Customers
On March 12 Silknet turned 10. In connection with this the company marked its 10-year jubilee with some unprecedented offers in both mobile and fixed network (see web page).
The first decade was dedicated to customer care, innovations and corporate citizenship.
Silknet first offered the public TV with rewind function. Ten years ago, interactive television was a real breakthrough in Georgian market, which has altered customer behavior and made SilkTV an irreplaceable option for households. Currently, Silknet provides exclusive sports and movie content to the customers. Also the company itself creates a special sports, entertainment or other educational TV programs in TV and internet.
It was Silknet who first installed optical internet in households and offered 100% optical internet service to customers. Today, up to 300 000 families of the country enjoy the fast, seamless and quality fixed internet. Every year the company expands optical network infrastructure and intends to cover more geography.
In terms of sustainable development and reliability Silknet made its claim when issuing bonds in 2017 in local market. Last year the company issued Eurobonds in amount of USD 200 mln with 5-year maturity in Dublin Stock market. This was another turning point in company’s history. Silknet was the first non-bank state owned company in Georgia to issue the Eurobonds. Amongst Georgian Eurobonds Silknet is the most attractive investment. Before issuing Eurobonds, Silknet was granted Moody’s B1 credit rating, which added to Fitch B+ given earlier.
This successful move was preceded by the biggest business deal in the history of Georgia. By the merger with Geocell, Silknet became the full-fledged telco provider and shortly after issued its first convergent product: internet, TV and mobile services at a special price.
One of the biggest milestones Silknet reached after the merger with Geocell was the immense upgrade of mobile internet network quality. With hundreds of thousand investment, company worked at a high pace and managed to cover whole territory with the fastest 4.5G mobile internet. In the capital the company introduced Gigabit LTE (So called 4.9 G) predecessor of 5G, which is a pioneer in Georgia as well as whole region and its speed is 7 times faster that exiting 4.5G ever.
During this 10 years, Silknet initiated and supported various projects for the benefit of the society. Since its foundation education, culture and sports are in the main focus of the company. Foundation of Georgian edition of “National Geographic” magazine, provision of continuous support for mountain skiing sports, initiation of such cultural-educational large scale project as Tsinandali Classical music festival are amongst numerous activities aimed at well-being of the society. By supporting these projects, Silknet follows the goal to contribute to the development of the country.
In 2018 Silknet, as a member of private sector initiated and founded first ever charity fund of such nature - “Wounded Warrior Support Fund”. This fund is aimed at supporting the well-being of those people who sacrificed their health to the defense of Nation. It was certain message from the company that in this cause it is important that private sector, public and government stand by.
From the recent large scale projects, founding of Euronews Georgia was of big significance. “All News, All Views, All Welcome”, Euronews’ main message will be soon voiced in Georgian.
One of vastly important projects for the country and region is Silknet’s partnership with global telecommunication company One Web. By this, within the means of cosmic satellite systems in Georgia and Caucasus, covering the remote places with internet will be a nearest prospect.
March 12 of 2020 marks a 10 year history of Silknet of taking care of customers and giving back to society. And this history is made by the efforts of the big team.
Jubilee days – 10 best offers – starts today and will last March 15 included.