The Ministry of State Property Management together with the Ministry of Communications also intends to sell 100 percent of the shares of Georgian Electric Connections, which is the main local operator. At present, both ministries are involved in identifying the investment bank which would implement the privatization of Telecom Georgia and Georgian Electric Connections. Additionally, there are number of communication licenses for sale that could be attractive for potential investors. At present, the Georgian telecommunication sector is developed enough to provide advanced and high quality service to its customers. These services include international voice and data services, mobile GSM and AMPS systems, Internet, and Paging.
International service is provided by a number of companies in Georgia.
These are four significant competitors operating in the Georgian international communications market. All of these companies operate through Intelsat and Eurosat as well as other international satellite link providers. Three competitive players form the Georgian mobile phone market. Magticom and Geocel provide GSM system service, and Megacom is an AMPS operator. The American Company Schuman International Corporation, established Megacom in 1994.