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MagtiCom seals deal to acquire retail assets of Caucasus Online 31 Mar Feedback Have feedback, corrections, or story ideas? Filter Filter CommsUpdate by the following categories or use the search. Search Visit our help page information on performing advanced searches, including how to restrict the results by country or company. Existing subscribers will receive advance notification regarding the actual transfer date, after which the provision of fixed broadband, IPTV and fixed line telephony will be assumed by MagtiCom.

As previously reported by CommsUpdate, MagtiCom and Caucasus Online jointly applied to the Georgian National Communications Commission GNCC for prior consent of a potential takeover deal in August , and the regulator gave its approval the following November, after determining that the transaction would have no negative effect on existing competition in the mobile, IPTV , VoIP and retail internet sectors.

It is understood that Caucasus Online will retain ownership of the 1,km Caucasus Cable System, which stretches across the Black Sea between Georgia and Bulgaria, providing direct access to Western Europe. Have feedback, corrections, or story ideas? Send them to editors commsupdate. Biblusi opens first shop for tourists - Georgian.

The largest book shop in Georgia Biblusi opens the first shop specially designated to the needs and interests of tourists and named it Georgian.

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Georgia improves by five ranks in the Prosperity Index. In the overall Prosperity Index rankings, Georgia has climbed by 5 positions from 85 to 80 when compared to last year. As such, Georgia is the best performing country in the CIS zone. The future is bright for electric cars in Georgia.

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The numerous hybrid cars in the streets of Tbilisi cannot be overlooked. On the 15th of December, cable transport is scheduled to be opened connecting Kobi and Gudauri.


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Tourist boom in Gudauri — majority of hotels are booked by foreigners. Medical tourism increases in Georgia.

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In the last 9 months, Georgia was visited by 19 foreigners for medical and recovery purposes. Doing business in Georgia has become easier than in America. According to the Doing Business report published by the World Bank, Georgia ranked 6th among countries in terms of simplicity of doing business. This was an improvement over two ranks compared to last year. Problems that foreigners frequently face in Georgia.

CAUCASUS ONLINE - Statement regarding change of the service provider

The importance of Georgia as a tourism hub is growing year after year. Compared to the previous year the number has increased by Advertising of gambling and lucrative games may become banned in Georgia. Those who violate the new rule would be fined GEL 10