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Friday, September 17th, 2021

Bakytzhan Sagintayev holds a meeting with representatives of Telia Company

by March 14, 2017 General

Today at Ukimet Uyi Prime Minister Bakytzhan Sagintayev held a meeting with representatives of the Telia Company headed by the President and CEO of the company Johan Dennelind.

The meeting discussed prospects for cooperation with the company in the development of new industrial directions in Kazakhstan using digital technologies.

In his Presidential Address Third Modernization of Kazakhstan: Global competitiveness, the Head of State N. Nazarbayev noted that “the development of digital industry will provide an impetus to all other sectors”.

As is known, Telia Company, the owner of a controlling stake in K-cell JSC, is one of the first participants in the market of mobile communication network development in our country. Demonstrating its commitment to Kazakhstan and continuing to increase its presence in the country, Telia took the lead in organizing Swedish presence at the International Exhibition EXPO-2017, the main themes of which will be digitalization and 5G.

For reference:

JCS K-cell was founded in 1998 by the “Fintur” company and JSC “Kazakhtelecom”. Investments amounted to about 2 billion US dollars.

To date, 51% of K-cell shares belong to Fintur Holdings (which is owned by Telia (58.55%) together with Turkcell (41.55%)), 24% of shares belong directly to Telia, and 25% of shares are in free float on Stock exchanges in Almaty and London.

To date, the number of JSC “K-cell” subscribers is about 10 million.

Source: Government of the Republic of Kazakhstan