By empty (12/12/2005 issue of the CACI Analyst)
Russia\'s MobileTelesystems (MTS), the country\'s largest cellular operator, announced on 12 December that it has acquired a 51 percent stake in Kyrgyz cellular operator Bitel from Kazakhstan\'s Alliance Capital for $150 million. MTS also acquired an option to buy out the rest of Bitel by the end of 2006. Alliance, which reports have linked to the family of former Kyrgyz President Askar Akaev, has been embroiled in a conflict with Russia\'s Alfa Group since Alliance acquired Bitel this spring.The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.
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