Kazakh Telecom

Kazakh Telecom
legal form	Corporation
ISIN	KZ0009093241
founding	June 17, 1994
Seat	Nur-Sultan , Kazakhstan
management	Nurshan Bajdauletow ( Chairman of the Supervisory Board ); Kuanyschbek Jessekejew ( Chairman of the Board )
Number of employees	23,610 (2017)
sales	210.2 billion tenge (2017)
Branch	telecommunications
Website	www.telecom.kz
	As of December 31, 2017

The KazakhTelecom ( Kazakh Қазақтелеком , Russian Казахтелеком is) with a market share of around 35 percent, the largest Kazakh telecommunications company based in only Sultan . The company, which is listed on the Kazakh stock exchange in the KASE Index , is majority owned by the Kazakh state company Samruk-Kazyna .

history

Logo for the 15th company anniversary in 2009

After the collapse of the Soviet Union , the Kazakh government adopted an agenda for the development of telecommunications in Kazakhstan in 1991 in order to strengthen this sector in the country. On June 17, 1994, KazakhTelecom was finally founded.

In 1997 the company went public on the Kazakh Stock Exchange .

A Next Generation Network was set up in 2007 in the cities of Nur-Sultan , Almaty , Qaraghandy , Pawlodar , Taras and Taldykorgan . A year later, other large cities followed. As part of the government's rural development program, KazakhTelecom improved its telephone network between 2004 and 2010.

At the end of 2011, KazakhTelecom and the Swedish telecommunications provider TeliaSonera reached an agreement on the sale of the shares in the Kazakh mobile operator Kcell . In February 2012 TeliaSonera took over 49 percent of the shares of KazakhTelecom in Kcell for the purchase price of 1.52 billion US dollars.

Company overview

Current company structure

KazakhTelecom has the following subsidiaries (as of April 2014):

ALTEL JSC (100%)
Vostoktelecom LLC (100%)
DIGITAL TV LLC (100%)
КТ Cloud Lab LLC (100%)
MaxCom LLC (100%)
RadioTell LLC (100%)
Nursat JSC (77.08%)
Signum LLC (100%)
Online.kg LLC (100%)

Shareholder structure

proportion of	Shareholders
51.00%	Samruk-Kazyna JSC
16.87%	BODAM BV
9.61%	Deran Services BV
9.86%	Bank of New York Mellon
12.66%	Other shareholders (each less than 5%)

As of April 2014

Web links

KazakhTelecom website (English, Kazakh and Russian)

Individual evidence

↑ ^a ^b Annual Report 2017. (PDF) KazakhTelecom, accessed on July 21, 2019 (English).
↑ Kazakhtelecom to divvy up $ 1.4 bln from Kcell sale. Reuters, accessed April 23, 2014 .
^ Information on affiliated and dependent companies. (No longer available online.) KazakhTelecom, archived from the original on April 2, 2014 ; accessed on April 23, 2014 (English). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2
^ The main shareholders structure. (No longer available online.) KazakhTelecom, archived from the original on May 19, 2014 ; accessed on April 23, 2014 (English). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2

[Daten-1] Annual Report 2017. (PDF) KazakhTelecom, accessed on July 21, 2019 (English).

[2] Kazakhtelecom to divvy up $ 1.4 bln from Kcell sale. Reuters, accessed April 23, 2014 .

[3] Information on affiliated and dependent companies. (No longer available online.) KazakhTelecom, archived from the original on April 2, 2014 ; accessed on April 23, 2014 (English). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2

[4] The main shareholders structure. (No longer available online.) KazakhTelecom, archived from the original on May 19, 2014 ; accessed on April 23, 2014 (English). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2