With the largest market share and more than 4 million customers, Azercell is the leading mobile operator in Azerbaijan.
Azercell’s main shareholder is TeliaSonera, which has subsidiaries in more than 20 countries such as Sweden, Finland, Spain, Turkey, Russia, Estonia, Nepal and others, offering their services to a total population of over 460 million. TeliaSonera is one of the most advanced telecommunications holdings with the leading position in mobile communications in Eurasia.
The parent company of Azercell is Fintur Holdings B.V.
Fintur Holdings B.V. is a joint venture of Turkcell (42%) and TeliaSonera (58%).
Turkcell is the leading GSM operator in Turkey, and one of the largest in Europe. The largest shareholders in Turkcell are Turkcell Holdings with 51%, Sonera with 13% and Chukurova Holding with a 7% share.
Azercell was founded in January 1996 and started its commercial activity as the first GSM operator in Azerbaijan on December 15 of the same year. In 1998, Azercell was among the first companies in the global telecommunications sector to offer a prepaid system (SimSim).
Azercell has invested more than 1 billion USD in projects aimed at developing the telecommunications sector and improving the social welfare of the country. According to the Ministry of Taxes, Azercell is the largest contributor of taxes in the non-oil sector of the country.
Azercell today covers 99,8% of the country’s population and 80% of the territory of Azerbaijan.