8 Oct 2014 12:00
Kcell JSC
Conference call and interim results for the nine months ended 30 September 2014
Almaty, 8 October 2014 - Kcell Joint Stock Company ("Kcell" or the "Company") (LSE, KASE: KCEL), the leading provider of mobile telecommunications services in Kazakhstan by market share in terms of revenue and subscribers, will announce its interim results for the nine months ended 30 September 2014, on 17 October 2014.
Kcell will host an analyst conference call on 17 October 2014 at 11:00 UK time / 16:00 Almaty / 14:00 Moscow. The conference will be held in English, audio webcast will be available at http://www.audio-webcast.com/cgi-bin/visitors.ssp?fn=visitor&id=2414
Dial in details are as follows:
UK Free Call Dial In: Standard International Dial-in: Russia Free Call Dial-in: Russia Local Call number: | 0800 279 4992 +44 20 3427 1912 8800 500 9311 +7 495 213 09 77 |
USA Free Call Dial-in: | +1 877 280 2296 |
USA Dial-In:
Conference ID | +1 212 444 0895
1915526 |
A presentation will be available on the Company website shortly before the conference call on www.investors.kcell.kz./en
A replay will be available at: http://kcell171014-live.audio-webcast.com
Kcell will also host a meeting with investors and analysts in London on 24 October 2014 at 11.00-13.00 UK time. If you would like to receive an invitation, please send an email to investor_relations@kcell.kz .The meeting will be webcast.
Enquiries:
Kcell | |
Investor Relations | |
Irina Shol | Tel: +7 727 2582755 ext. 1205 Investor_relations@kcell.kz |
Media Natalya Eskova |
Теl: +7 727 2582755 Pressa@kcell.kz |
International Media | |
Instinctif Partners | Tel: +44 207 457 2020 |
Leonid Fink, Tony Friend, Kay Larsen, Galyna Kulachek |
Company Overview
Kcell is the leading provider of mobile telecommunications services in Kazakhstan by market share in terms of revenue and the number of subscribers. It has operated since 1998, and as at 31 December 2013 it had approximately 14.3 million subscribers, representing a market share of 46.2%, as estimated by the Company. Its estimated market share in terms of revenue was 54% for the year ended 31 December 2013.
Kcell provides mobile voice telecommunications services, messaging services, value-added services such as multimedia and mobile content services, as well as data transmission services including internet access. It has two brands: the Kcell brand, which is targeted primarily at corporate subscribers (including government subscribers), and the Activ brand, which is targeted primarily at mass market subscribers. The Company offers its services through its extensive, high quality network which covers substantially all of the populated territory of Kazakhstan.
In December 2012, Kcell successfully completed its offering of GDR's on the London Stock Exchange and common shares on KASE. The price was set at USD 10.50 per GDR and KZT 1,578.68 per share with each GDR representing one share. The offering consisted of a sale by TeliaSonera of 50 million shares, which represent 25 percent of Kcell's share capital. TeliaSonera holds directly and indirectly 61.9% of the Company's common shares.
Kcell plans to benefit from the significant growth potential for mobile data services in Kazakhstan. The Company intends to continue to invest in the deployment of its 3G network to expand coverage. Kcell aims to maintain its market leadership in terms of revenue and the number of subscribers by offering its products and services at competitive prices, expanding its offering of products and services, maintaining the high quality of its network and enhancing its brand value.