The Uzbek Supreme Economic Court has dismissed an appeal filed by Uzdunrobita on the withdrawal of its license, a court spokesperson told RIA Novosti on Thursday.
Uzdunrobita is an MTS branch in Uzbekistan.
The appeals hearing was initiated last October and suspended in November. It was urgently resumed today.
Last July, the State Committee for Communications, Information and Telecommunication Technology suspended and later withdrew all of Uzdunrobita's licenses due to multiple service regulation violations. The court upheld the decision. As a result, the republic's largest mobile network was shut down.
Last fall, several Uzdunrobita employees were sentenced to fines and communal service on charges of deriving uncontrolled profits. The companys assets were then to pass into the state's ownership. The appeals court later cancelled its most recent order, but estimated the amount of the financial claims against the mobile network as $600 million payable within eight months.
Uzdunrobita filed a bankruptcy petition with the court due to its inability to cover the financial claims.
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