Kazakhtelecom Inches Closer to Kcell Deal

Posted on 07/11/2018


Kazakhtelecom JSC received approval from the country’s antitrust committee to acquire a 75% stake in Kcell from Sweden-based Telia Company and Turkish mobile operator Turkcell. Kcell is Kazakhstan’s largest mobile operator. The deal values Kcell at approximately US$ 600 million to US$ 650 million. Telia and Turkcell hold their investment in Kcell through Fintur Holdings […]

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