At the end of the second quarter of 2010, the subscribers base of the company made up 5.416 million against 3.923 million at the end of the same period of 2009.

UCell became the second largest mobile communication operator of Uzbekistan, number of subscribers of which reached 6 million point. Largest mobile communication operator of the country is MTS Uzbekistan. As of 31 July 2010, MTS Uzbekistan serves over 7.81 million users.

FE Coscom LLC was founded in 1996. As of June 2008, the company began rendering services of mobile communication under the UCell brand. The company's subscriber base exceeded 5 million at the end of 2009.

UCell is part of TeliaSonera. TeliaSonera provides telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera is now in 20 markets with close to 460 million inhabitants. The number of subscriptions in 2009 reached over 147.6 million. For the year 2009, TeliaSonera's net sales amounted to approximately US$14.3 billion and TeliaSonera had around 30,000 employees.

TeliaSonera provides network access and telecommunication services that help people and companies communicate in an easy, efficient and environmentally friendly way. TeliaSonera is an international group with a global strategy, but wherever it operates it acts as a local company.

In the emerging markets of Eurasia, TeliaSonera has majority holdings in leading mobile operators in Kazakhstan (Kcell), Azerbaijan (Azercell), Georgia (Geocell), Moldova (Moldcell), Tajikistan (Tcell), Uzbekistan (Ucell), and Nepal (Ncell). TeliaSonera is also a minority owner of MegaFon in Russia and Turkcell in Turkey.