Silknet

Georgian telecom company

Silknet
სილქნეტი

Type| Joint-stock company
Industry| Telecommunications
Founded| 12 March 2010
Headquarters|

Tbilisi

Georgia

Area served

| Georgia
Products| IPTV, ISP, Fixed telephony, Mobile telephony.

Net income

| ₾161.896 million (2016)[1]
Parent| Silk Road Group
Website| silknet.com

Silknet JSC (Georgian: სილქნეტი) is a telecommunication company in Georgia, and a subsidiary of Silk Road Group.

Silknet delivers various telecom services to more than one million customers across the whole country. Silknet is the largest telecommunication company in Georgia and the entire Caucasus region. Silknet provides mobile communication (branches: Geocell and S1), cable internet (branches: SilkOptic and DSL), wireless internet, IPTV (branch Silk TV), OTT Streaming TV (Silk-TV Digital), wireless fixed telephony, cable fixed telephony (VoIP, OTT), Satellite TV service (branch: Global TV). Silknet's main local competitors are MagtiCom, New Net and Beeline.

In 2018, Silknet acquired Geocell. This was the largest acquisition of a company in Georgia.[2]

## See also[edit]

* MagtiCom
* Geocell

## References[edit]

1. ^ Consolidated Financial Statements
2. ^ "Silknet acquires Geocell | Private Equity Wire". 26 January 2018.

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