0
Wireless

Telia Company agrees to sell Kcell stake to Kazakhtelecom - report

Thursday 11 January 2018 | 09:13 CET | News
Telia Company has already agreed to sell its stake in Kazakhstan mobile operator Kcell to national operator Kazakhtelecom, reports Cnews.ru citing two undisclosed sources in the Kazakhstan telecommunication market. Telia owns a 24 percent stake in Kcell and the holding company Fintur holds a 51 percent stake. Fintur in turn is controlled by Telia Company, which owns a 58.5 percent stake in it. Turkcell owns 41.5 percent of Fintur.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Kazakhtelecom / Kcell / Tele2 Kazakhstan / Turkcell
Countries: Kazakhstan
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Kazakhtelecom acquires online shop Chocomart

Published 02 Mar 2018 12:17 CET | Kazakhstan
Kazakhstan national operator Kazakhtelecom has acquired the online shop Chocomart, reports Profit.kz. The operator acquired the ...

Watchdog asks for more information on Kazakhtelecom's acquisition of Kcell

Published 02 Mar 2018 10:48 CET | Kazakhstan
The Kazakhstan state competition regulator has postponed its decision on whether to clear the acquisition of a 75 percent in ...

Kazakhtelecom applies for clearance of Kcell acquisition

Published 29 Jan 2018 11:01 CET | Kazakhstan
Kazakhstan national operator Kazakhtelecom has submitted an application to the national competition watchdog for the acquisition ...

Telia Q4 profit down on Eurasia writedowns, dividend still up 15%

Published 26 Jan 2018 08:49 CET | Scandinavia
Telia Company reported a sharp fall in net profit for the fourth quarter, as the Swedish operator wrote down its holdings in ...

Freedom Finance buys 10% stake in Kcell

Published 25 Jan 2018 12:48 CET | Kazakhstan
Russian holding company Freedom Finance has acquired a 10.5 percent stake in the Kazakhstan mobile operator Kcell. The market ...

Kcell to place KZT 30 bln bond

Published 10 Jan 2018 14:33 CET | Kazakhstan
Kazakhstan mobile operator Kcell plans to issue a bond on the Kazakhstan stock exchange, reports Profit.kz. The size of the ...

Telia warns of hit to Q2 results on further Ucell writedown

Published 14 Jul 2017 12:17 CET | Uzbekistan
Telia Company has warned for a negative impact on second-quarter profits, due mainly to a further writedown on the value of its ...

Tele2 Kazakhstan, Altel to implement Telesens CPM system

Published 01 Mar 2017 17:04 CET | Kazakhstan
Kazakhstan mobile operators Tele2 Kazakhstan and Altel plan to implement the Content Partnership Management System Т-СРМ from ...