"This is the last state 5G frequency resource that is being
Posted: Wed Jan 22, 2025 10:34 am
The intention to participate in the second auction for 5G frequencies, which is expected in Kazakhstan in late 2023 - early 2024, was announced by Askar Kishkembayev (pictured), Director of the Department for Interaction with Government Agencies at Kcell JSC. This happened at the Telecom Eurasia 2023 forum, which was organized last week by the ComNews Information Group in Almaty (Republic of Kazakhstan).
"Our principled position is to algeria whatsapp resource allow us to participate in the auction. And if they do not allow us, we reserve the right to disagree with this," said Askar Kishkembayev from the plenary session of the Telecom Eurasia 2023 forum. He added that if Kazakhtelecom's cellular companies are not allowed to participate in new auctions, they should start not with a zero price, but with the price for which 5G frequencies were purchased during the first auction.
played out. It is not unlimited - this is the last one. And this affects the interests of the state and the flow of money into the country's economy, with all the ensuing consequences," Askar Kishkembayev emphasized.
The first auction for 5G frequencies in the Republic of Kazakhstan was held on December 22-23, 2022. On the first day, the state put up for auction a pool of frequencies in the 3.6-3.7 GHz range, and the final price of the lot increased from 1.76 billion tenge to 62.67 billion tenge. The next day, the second pool of frequencies in the 3.7-3.8 GHz range "went" for 93.3 billion tenge (with the starting price also being 1.76 billion tenge). The total cost of the two lots was equivalent to $338.7 million. The winner of both lots was a consortium of Mobile Telecom-Service LLP (Tele2 and Altel brands) and Kcell JSC (Kcell and Activ brands).
History of nationalization
In December 2018, Kazakhtelecom acquired a 75% stake in Kcell from Telia AB and Fintur Holdings BV (the remaining 25% of shares were in free float on the Almaty and London stock exchanges). In September 2021, Kazakhtelecom sold a 24% stake in Kcell during trading on the Kazakhstan Stock Exchange (KASE). At the same time, Kazakhstan's Jusan Bank acquired 9.08% of Kcell shares. In July 2023, 14.87% of Kcell shares were acquired by entrepreneur Galimzhan Yessenov, the owner of more than 20% of Jusan Bank's capital and the chairman of the board of directors of First Heartland Securities, the bank's supermajority shareholder. According to JSC Kcell, its authorized capital is currently distributed as follows: JSC Kazakhtelecom - 51%, Galimzhan Yesenov - 14.87%, AO Jusan Bank - 9.08%, JSC Unified Accumulative Pension Fund (Kazakhstan) - 7.06%, and the remaining 17.99% of Kcell shares are in free circulation and belong to minority shareholders.
In June 2019, the Swedish company Tele2 AB sold 49% of shares in Khan Tengri Holding BV to Kazakhtelecom, through which it owned a stake in Mobile Telecom-Service LLP. Kazakhtelecom now controls 100% of shares in the capital of Mobile Telecom-Service LLP.
"Our principled position is to algeria whatsapp resource allow us to participate in the auction. And if they do not allow us, we reserve the right to disagree with this," said Askar Kishkembayev from the plenary session of the Telecom Eurasia 2023 forum. He added that if Kazakhtelecom's cellular companies are not allowed to participate in new auctions, they should start not with a zero price, but with the price for which 5G frequencies were purchased during the first auction.
played out. It is not unlimited - this is the last one. And this affects the interests of the state and the flow of money into the country's economy, with all the ensuing consequences," Askar Kishkembayev emphasized.
The first auction for 5G frequencies in the Republic of Kazakhstan was held on December 22-23, 2022. On the first day, the state put up for auction a pool of frequencies in the 3.6-3.7 GHz range, and the final price of the lot increased from 1.76 billion tenge to 62.67 billion tenge. The next day, the second pool of frequencies in the 3.7-3.8 GHz range "went" for 93.3 billion tenge (with the starting price also being 1.76 billion tenge). The total cost of the two lots was equivalent to $338.7 million. The winner of both lots was a consortium of Mobile Telecom-Service LLP (Tele2 and Altel brands) and Kcell JSC (Kcell and Activ brands).
History of nationalization
In December 2018, Kazakhtelecom acquired a 75% stake in Kcell from Telia AB and Fintur Holdings BV (the remaining 25% of shares were in free float on the Almaty and London stock exchanges). In September 2021, Kazakhtelecom sold a 24% stake in Kcell during trading on the Kazakhstan Stock Exchange (KASE). At the same time, Kazakhstan's Jusan Bank acquired 9.08% of Kcell shares. In July 2023, 14.87% of Kcell shares were acquired by entrepreneur Galimzhan Yessenov, the owner of more than 20% of Jusan Bank's capital and the chairman of the board of directors of First Heartland Securities, the bank's supermajority shareholder. According to JSC Kcell, its authorized capital is currently distributed as follows: JSC Kazakhtelecom - 51%, Galimzhan Yesenov - 14.87%, AO Jusan Bank - 9.08%, JSC Unified Accumulative Pension Fund (Kazakhstan) - 7.06%, and the remaining 17.99% of Kcell shares are in free circulation and belong to minority shareholders.
In June 2019, the Swedish company Tele2 AB sold 49% of shares in Khan Tengri Holding BV to Kazakhtelecom, through which it owned a stake in Mobile Telecom-Service LLP. Kazakhtelecom now controls 100% of shares in the capital of Mobile Telecom-Service LLP.