Sustainability Report / 2024

Company Profile

GRI 2-1, 2-2, 2-6

Uzbektelecom JSC is a national telecommunications operator and leading provider of communications services in Uzbekistan. The company plays a key role in the development of the country’s digital infrastructure, providing the population and businesses with modern telecommunications services, including fixed and mobile communications, broadband Internet, digital television, and cloud solutions.

The Company’s legal name is Uzbektelecom JSC, and its trade name is UZTELECOM™. The Company is a joint-stock company with a majority state share in accordance with the Law of the Republic of Uzbekistan “On Joint-Stock Companies and Protection of Shareholders’ Rights” №-370 dated May,7, 2014.

The main activities of Uzbektelecom JSC include:

Fixed-line

Mobile

broadband Internet (DSL, fiber-optic)

Digital television

Cloud services and solutions for businesses

The Company’s value chain includes cooperation with more than 500 suppliers, including international companies from China, South Korea, and Europe, providing telecommunications equipment, IT solutions, and infrastructure.

>10

million

private and corporate clients served by the Company across Uzbekistan

The Company serves more than 10 million private and corporate customers throughout Uzbekistan. Downstream entities include end users, retail partners, and distributors.

The company also actively cooperates with international telecommunications companies, financial institutions, and government agencies to implement projects in the field of digitalization and ICT infrastructure development.

TC-TL-000.A, B, C, D

Currently, the Company has the following subscriber base and network traffic indicators:

9.2

million

number of mobile subscribers

1.6

million

the number of subscribers with fixed-line telephone services

2.5

million

the number of broadband subscribers

6,568

petabytes

network traffic

TC-TL-520a.2, 3

There are several peering networks operating in Uzbekistan — Uz-IX, TAS-IX, and SNS-IX — which ensure the efficient exchange of Internet traffic between providers and operators. Uz-IX charges a one-time and monthly fee depending on bandwidth, while TAS-IX operates on the basis of membership agreements and provides free local traffic exchange, which reduces international traffic costs. SNS-IX acts as an independent exchange point with high-speed and reliable Internet access.

Risks include possible regulatory changes related to net neutrality and paid peering, as well as the financial burden of Uz-IX’s pricing models and dependence on competitors’ infrastructure. at the same time, the use of local peering networks opens up opportunities to reduce costs, improve service quality, and strengthen cooperation with local operators, which contributes to the development of the country’s digital ecosystem. to minimize risks, it is recommended to diversify connections to different peering networks and closely monitor changes in legislation.

Average actual stable download speed (1) for own and commercially related content — from 100 Mbit/s to 1 Gbit/s based on the tariff plan (fixed Internet) and (2) for non-associated content:

80.99

Mbit/s

Fixed Internet

54.17

Mbit/s

Mobile Internet (5G — 422.95 Mbit/s)

Company Mission

The mission of Uzbektelecom JSC is to provide access to modern telecommunications services for all residents of Uzbekistan, contributing to the digital transformation of the economy and improving the quality of life.

Company Values

The company’s values include innovation and technological leadership, quality and reliability of services, social responsibility and sustainable development, as well as professionalism and teamwork.

The history of Uzbektelecom JSC began in 1992, when the company was founded as a national telecommunications operator. Over the years, the company has evolved from a traditional fixed-line operator to a diversified provider of telecommunications and digital services. Today, the company is a key player in the implementation of state programs for the digitalization of the economy and ensuring the availability of telecommunications services for all regions of the country.

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Geography of Operations