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 | Azercell signs new loan agreement |
Azercell announced Wednesday of its signing a term-sheet, an agreement on the terms of a loan, valued at $100 million with the EBRD and the IFC. The loan will be used for the expansion of Azercell’s GSM network and to refinance existing debt. Re-payment of the loan will be completed in year 2007.
Azercell the leading GSM operator in Azerbaijan with approximately 400,000 postpaid and prepaid customers as end of year 2000.*
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Issue: March, 7, 2001
POLITICS
UN Secretary General makes statement on Women’s Day

ECONOMICS
SOCAR to export 145,000 tons of crude in March

Russia appoints new co-chair of inter-governmental commission

Azercell signs new loan agreement

Azerbaijan Entrepreneurs Confederation includes over 600 members

"Azersun Holding" privatizes Lankaran tea factory

Electronic tokens to be introduced since late March

$1bn in population’s hands

HEALTH
TB rate rising

CULTURE
Women's Day exhibition


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