Competition hits K’cell results

20 Jul 2015

The largest mobile provider in Kazakhstan, TeliaSonera-backed K’cell, has reported a 23.6% year-on-year drop in net income for the first half of 2015 to KZT24.6 billion (USD131.3 million). The firm said the fall was due to rising competition and aggressive pricing policies among its competitors. Revenues dropped 6.6% to KZT86 billion, while EBITDA was down 13.5% at KZT46 billion, Reuters reports. Subscriber numbers fell by 653,000 in the year to 30 June 2015, to 10.75 million, though K’cell is still around five percentage points ahead of second-placed KaR-Tel in terms of market share, claiming 41% of all mobile users in Kazakhstan.

Kazakhstan,Kcell (incl. Activ),

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share