Ulaanbaatar
Mongolian Company Exports Cloud Technology to Uzbekistan
Society
Ulaanbaatar, March 17, 2025 /MONTSAME/. On March 14, 2025, Fibo Cloud, a Mongolian cloud technology company, signed a cooperation agreement to introduce cloud technology to Uzbekistan with Uztelecom JSC, the leading telecommunications operator in the country.
Uzbekistan currently has two Tier-3 data centers and intends to expand them to five in the coming years. Representatives of the two countries discussed providing possibility of creating a regional digital marketplace. In this regard, Mongolian technology companies have the advantage of delivering their products and services to Uzbek entrepreneurs in the form of PaaS (Platform-as-a-Service) and making payments easily without establishing a business entity.
With more than 17,000 employees and more than 10 million
customers, the Uztelecom company owns 92 percent of the country's high-speed
cable network and generated USD 510 million in revenue in the third quarter of
last year, an increase of 13 percent compared to the same period of the
previous year. 5G networks have been introduced in all regional centers of
Uzbekistan.
