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Mobile operator KCell to continue talks about 4G license with Kazakh authorities.

February 2, 2014

KCell , the largest mobile operator in Kazakhstan is still continuing negotiation about 4G license with the Kazakh authorities, the company has informed. KCell declared that it is technically ready to obtain the license. At the same time, the company disclosed that it was not satisfied with the answer it had received from the Kazakh government which says that the license might be issued in 2015. Presently, only state-owned Kazakhtelecom has a license for 4G high-speed wireless network. Meanwhile, KCell also informed that its net profit rose by 2.5% y/y to KZT 63.4bn ( USD 408mn ) while revenue went up by 3/1% to KZT 187.6bn . The main driver was higher demand for data services as the rollout of 3G network was continued. KCell is controlled by Swedish TeliaSonera. The company is expecting slower expansion of its subscriber base this year as the mobile communication penetration in Kazakhstan is close to 180%.

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Source: IntelliNews - Weekly Reports

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