CATEL intends to cut subscription fees and prices

"At present the monthly subscription fee is AZN 5 in cities and AZN 10 for country houses," the Director General Sadig Humbatov told APA-Economics.

He added the company plans to invest some $25 million in the economy in the nearest future.

Caspian American Telecommunications, LLC (CATEL), one of the first Azerbaijan-American joint ventures in the telecommunications industry, is a joint venture between the Government of Azerbaijan and a United States consortium, Omni-Metromedia Caspian Ltd. (OMCL) which is majority owned by the US-based Omni Communications Inc. and includes AIG, Verbena, and WorldTel. CATEL is the only mobile provider in Azerbaijan with the Code Division Multiple Access (CDMA) services.