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|joint stock company|
|Headquarters||Sukhumi, Abkhazia, Georgia|
|90% of the coast and foothills of Abkhazia, Georgia|
Aquafon was established March 6, 2003, and its network became operational on July 13 of that year. By April 2007, the number of subscriptions had reached 50,000 and, in 2008, this number had further risen to 80,000.
51% of Aquafon's shares are owned by Mondeo Holdings, an offshore company based in the British Virgin Islands. Mondeo Holdings is in turn 100% owned by Bermuda based ComTel Eastern, which also owns 31% of MegaFon and 50% of Sky Link.
Until 2006, Aquafon held a monopoly on the mobile telephone market of Abkhazia. In 2006, a second company, A-Mobile, started to provide services.
- Абхазский "Аквафон-GSM" запустил 3G-сеть, 07.11.2008 (Russian)
- aquafon.com - The official website of Aquafon GSM
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