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Telecoms news from Kazakhstan
Kazakhstan's Kcell Posts Rise in Profits and Revenues
Kazakhstan's Kcell has announced its first-quarter financial results, and reported that its revenues rose by 4 percent to reach KZT 43 billion, while net income also rose, by 2.5 percent to KZT 13.7 billion. ...more.
After Courting Controversy, Sweden's TeliaSonera Looks To Kazakhstan
Swedish telecommunications giant TeliaSonera just can't get enough of Kazakhstan's mobile market. ...more.
TeliaSonera to Receive $525 Million from Kazakhstan Listing
TeliaSonera has set the price for the stock market listing of its Kazakhstan subsidiary, Kcell and expects to receive US$525 million from the floatation. ...more.
Kcell Confirms Plans to List Shares on Local and London Stock Exchanges
Kazakhstan's Kcell has confirmed its long-planned intention to list its shares on the London and Kazak stock exchanges by the end of this year. ...more.
TeliaSonera Looking to Sell 25% Stake in Kazakhstan Based KCell
Kazakhstan based mobile network, Kcell is moving ahead with long-standing plans to list its shares on both the local and UK stock exchanges. ...more.
We've heard about courts issuing subpoenas in an effort to obtain the contents of text messages. In Kazakhstan, however, they're turning the tables. ...more.
TeliaSonera Buys WiMAX Network in Kazakhstan
TeliaSonera has entered into a conditional agreement to acquire the WiMAX operations of the Kazakh company Alem Communications for US$170 million. ...more.
Tele2 Confirms Employee Arrested at its Kazakhstan Subsidiary
Tele2 has confirmed that it is currently conducting an internal investigation into accusations that an employee at its 51% owned subsidiary in Kazakhstan received data concerning rival mobile network's market strategies through illegal means. ...more.
2Day Telecom expands GSM backhaul services in Kazakhstan
Kazakhstan based mobile network, 2Day Telecom has signed a long-term mobile backhaul contract with satellite operator, SES. ...more.
GSM Kazakhstan Investigated for Making "Improper Payments"
The Turkish mobile network, Turkcell has notified shareholders that it has been investigating allegations of improper payments relating to the operations of KCell, a mobile operator in Kazakhstan. ...more.
TeliaSonera Takes Full Ownership of GSM Kazakhstan
TeliaSonera has completed the first phase of its previously announced transaction to increase ownership in in GSM Kazakhstan, operating under the brand Kcell, by acquiring a 49 % stake in the company from Kazakhtelecom. ...more.
Fitch: Kazakhtelecom's Kcell Stake Sale is Rating Neutral
Fitch Ratings says that the sale of Kazakhtelecom's 49% stake in Kcell to TeliaSonera is viewed as rating neutral, in line with Fitch's expectations when the company's Issuer Default Rating (IDR) was affirmed at 'BB'\Stable on 13 December 2011. ...more.
Teliasonera Pays $1.52 Billion for 49% Stake in GSM Kazakhstan
Teliasonera has confirmed the details of a previously announced deal, and will be paying US$1.52 billion for Kazakhtelecom's 49% stake in GSM Kazakhstan, operating under the brand Kcell. ...more.
TeliaSonera to Buy Additional Stake in Kazakhstan's Kcell
TeliaSonera is to increase its holding in GSM Kazakhstan -- operating under the brand Kcell -- as part of an agreement with Kazakhtelecom which aims to sell its shares. ...more.
Google refuses to set up Kazakh server
Google is rejecting a Kazakhstani government demand to have google.kz operate on servers located within Kazakhstan, Google Senior Vice President Bill Coughran said on the company's official blog June 7. ...more.
Kazakhs to jam cell connection in prisons
Kazakhstan's Committee for the Criminal-correctional System proposed jamming cell phone connections in the prisons, Liter newspaper reported April 22. ...more.
Turkcell to Investigate Bribery Allegations at Kazakh Subsidiary
Following allegations of bribery involving the Kazakhstan mobile network, KCell and its supplier, Ericsson, the board of directors at Turkcell have confirmed that an investigation is being launched into the company. ...more.
Apple iPads an Unlikely Hit in Kazakhstan
Apple's iPad tablet computer has become an unlikely hit in the Central-Asian country of Kazakhstan, after the Prime Minister started using one for work purposes. ...more.
Kcell Launching 3G Services Later this Week
TeliaSonera has announced that its Kazakstan based subsidiary, Kcell will start operating 3G in the cities of Astana and Almaty from December 1, 2010. ...more.
Alcatel-Lucent to Deploy LTE Network in Kazakhstan
Alcatel-Lucent says that it has won a contract to supply a 700MHz LTE trial for Kazakhstan based Beeline - an affiliate of Russia's VimpelCom. ...more.
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