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.
This is Fibo Cloud's second export to Central Asia in the field of data centers. Two years ago in 2023, Fibo Cloud collaborated with Transtelecom, one of the major datacenters in Kazakhstan, to implement the  (cloud.ttc.kz) project.
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.
The two companies began cooperation in June 2023 and worked on data, security, reliablity, and localization projects for two years. Specifically, numerous services, including a domestic user identification system and connection to the tax system, are accessible to end users through the domain cloud.uztelecom.uz. The cloud computing market in Uzbekistan is growing rapidly and is expected to reach USD 202 million in 2025. It is anticipated to grow at an average annual rate of 28.43 percent from 2025 to 2029, and the market size will reach USD 550.10 million by 2029.
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.

Published Date:2025-03-18