10 investors have submitted applications to purchase Mobiuz

The State Assets Management Agency announced receipt of 10 non-binding bids from investors to purchase 100% of the shares of mobile operator Mobiuz.

In the first stage, 15 companies from Uzbekistan, the United States, Europe, the Middle East, and Asia expressed interest in the deal. Participants who passed the selection process will gain access to the company's financial and legal documents and will be able to prepare binding bids by December 19, 2025.

Rothschild & Co and KPMG are serving as privatization consultants. According to the agency, Mobiuz's revenue for 2024 amounted to 2.086 trillion sum, with a subscriber base of 7.8 million. The deal value is expected to reach approximately $300 million.

The privatization of Mobiuz is part of the state asset sale program initiated by President Shavkat Mirziyoyev in 2022.

Source: Gov.uz