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Tue 2 Oct 2007 07:33 PM

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Oger eyes expansion in Central Asia

Dubai-based operator will bid in privatisation tenders for telecom companies in Azerbaijan and Kazakhstan.

Either Dubai-based Oger Telecom or its Turk Telekom unit, or both, will bid in privatisation tenders for telecom companies in Azerbaijan and Kazakhstan, the company's Chief Executive Paul Doany told Reuters on Tuesday.

"The tender in Slovenia will be held in the coming days and after that we expect a tender to be opened for a fixed-line operator in Azerbaijan, we will bid in that," Doany said at a technology fair in Istanbul.

"After that we will be bid in Kazakhstan," he added.

He said the Azeri company was only fixed-line but that the tender in Kazakhstan was both fixed-line and a 3G operation.

Slovenia's economy ministry said on Monday 15 companies had expressed interest in buying 49.13% in Slovenia's leading telecom operator Telekom Slovenia.

Oger Telecom bought a 55% stake of Turk Telekom in 2005 for $6.55 billion in a privatisation, with the rest remaining with the state. Doany reiterated he expected an initial public offering (IPO) for Turk Telekom next year.

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