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| Company type | State owned, Telecommunications |
|---|---|
| Industry | Telecommunications |
| Founded | 2003 |
| Products | Internet systems |
| Website | aquafon.com |
Aquafon is a state run telecommunications company in Abkhazia. In 2014 it had 80,000 subscriptions.
Aquafon was established March 6, 2003, and its network became operational on July 13 of that year. By April 2007, the number of subscriptions had reached 50,000 and, in 2008, this number had further risen to 80,000.
In summer 2008, Aquafon began to provide GPRS and video call services in test mode and officially launched its 3G network with HSDPA support on September 30. [1]
51% of Aquafon's shares are owned by Mondeo Holdings, an offshore company based in the British Virgin Islands. Mondeo Holdings is in turn 100% owned by Bermuda based ComTel Eastern, which also owns 31% of MegaFon and 50% of Sky Link (Russia). [1]
Until 2006, Aquafon held a monopoly on the mobile telephone market of Abkhazia. In 2006, a second company, A-Mobile, started to provide services.
Telecommunications in Moldova are maintained at a relatively high performance level. Because Moldova is a small country, telecommunications companies managed to achieve good coverage in both wired and wireless communications infrastructure. Landline is available in most settlements, however mobile phone popularity has vastly increased in recent years. Mobile communications infrastructures are fairly well developed but suffer from high prices, nonetheless the amount of mobile subscriptions is growing very fast compared to the landline. As far as the Internet is concerned, Moldova has one of the best wired Internet connections in the world as well as one of the cheapest in $ per Mbit.
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The telecommunications industry in China is dominated by three state-run businesses: China Telecom, China Unicom and China Mobile. The three companies were formed by restructuring launched in May 2008, directed by the Ministry of Information Industry (MII), National Development and Reform Commission (NDRC) and the Minister of Finance. Since then, all three companies gained nationwide fixed-line and cellular mobile telecom licenses in China. In 2019, all three telecoms were issued 5G national licenses.
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Hutchison 3G Enterprises S.A.R.L., trading as 3 (Three) and Hutchison 3G, is the owner of several originally UMTS-based mobile phone networks and broadband Internet providers, which operate in Hong Kong, Macau, Austria, Denmark, Indonesia, Ireland, Italy, Sweden, and the United Kingdom.
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A-Mobile is the second mobile phone operator of Abkhazia behind Aquafon, both in number of subscriptions and in age.
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