Business Chief APAC+ANZ Magazine March 2020 | Page 164

AZERCONNECT LLC

Azerbaijan presents an interesting , dynamic , and growing telecommunications landscape

164

A zerbaijan is a country of rich history and intrigue . Situated south of Russia , east of Georgia and Armenia , and north of Iran with the Caspian Sea to its east , the former member of the Soviet Union has become a key figure in the global oil trade and a potential focal point for transcontinental communications systems .

Second only to its world-leading oil industry , Azerbaijan ’ s telecommunications sector is undergoing a period of steady growth and regulatory transformation . The space is shared between three core players : Azercell , Bakcell and Nar , the latter being the commercial brand of Azerfon . Other telcos operating across the Land of Fire include Aztelekom , AzQtel ( SAZZ ), Catel , BakTelekom , Vimpelcom ( Beeline ), Eurasiacom , and Fintur . In a study conducted by Research and Markets , Azerbaijan was included in 34 Asian markets assessed against its Telecoms Maturity Index , ranking 13th and indicating strong performance against world-leading markets such as Japan , China , South Korea , Taiwan and Singapore .
MARCH 2020