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Astana, Kazakhstan • 01 February 2024

Kazakhtelecom to Sell Tele2/ALTEL Mobile Carrier

The company currently owns 100% of the shares of Mobile Telecom-Service LLP

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Ruslan Pryanikov
Ruslan Pryanikov

According to a document developed by the Ministry of National Economy, Kazakhtelecom JSC plans to sell telecom operator Mobile Telecom-Service LLP in 2024, which includes Tele2 and ALTEL brands. The document will be open for public discussion until February 14, QazMonitor reports.

On January 20, 2024, the Economic Modernization Commission made the decision for the direct targeted sale of Mobile Telecom-Service LLP. This decision aims to stimulate economic growth and attract additional resources, with a specific focus on expanding the production base and modernizing production processes.

The merger of ALTEL and Tele2 Kazakhstan was finalized in 2016. Currently, Kazakhtelecom owns 51% of the shares of the mobile operator Kcell and 100% of Mobile Telecom-Service LLP (ALTEL/Tele2).

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