July 17, 2009

“Geocell” Ltd Licence Term Prolonged for 10 years

 

The Georgian National Communications Commission made a decision on prolongation of “Geocell” Ltd owned radiofrequency spectrum licence term.

Pursuant to the “Georgian law on Electronic Communications” “Geocell” Ltd shall pay within two months 39 320 409 GEL and 16 Tetri for prolongation of the licence term. Afterwards the licence term of the Company will be prolonged for 10 years.

At this session the Georgian National Communications Commission made a decision on prolongation of “Geocell” Ltd owned three-digit numbering code 8-9-3 licence term. In this case the Company shall pay 42 805 GEL and 56 Tetri.

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