TM CELL
Stock performance
History
Altyn Asyr, which operates under the TM CELL brand, was established by official decree in 2004 as the state-owned mobile operator. It became the country's only mobile operator in 2017, when the Russian company MTS suspended its Turkmen operations after its license was not renewed.
Business model
TM CELL provides mobile voice and data services nationwide and has rolled out 4G in major cities. Prices and services are set by the state, and internet access is heavily filtered.
Market position
TM CELL holds a de facto monopoly on mobile telecommunications in Turkmenistan.
Country impact
As the single mobile network, TM CELL is the main way most Turkmen access the internet, which the government restricts extensively, blocking many foreign websites, messaging apps, and VPN services. Its role illustrates how tightly the state controls both the economy and information in Turkmenistan.