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Kazakhstan’s Kazakhtelecom sells shares in mobile operator via stock exchange

ICT Materials 1 October 2021 14:17 (UTC +04:00)

BAKU, Azerbaijan, October 1

By Nargiz Sadikhova - Trend:

Kazakhstan’s Kazakhtelecom has sold 24 percent of shares in Kcell via Kazakhstan Stock Exchange (KASE), Trend reports citing KASE.

On December 21, 2018, Kazakhtelecom JSC acquired the 75 percent stake in Kcell held by Telia Company and Fintur Holdings B.V.

Kcell provides mobile voice telecommunications services, messaging services, value-added services such as multimedia and mobile content services, as well as data transmission services including internet access.

It has two brands: the Kcell brand, which is targeted primarily at corporate subscribers (including government subscribers), and the Activ brand, which is targeted primarily at mass-market subscribers.

The company offers its services through its extensive, high quality network, which covers substantially all of the populated territory of Kazakhstan.

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Follow the author on Twitter: @nargiz_sadikh

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