"Kazakhtelecom" will restructure its affiliated companies

Date: 07:41, 07-04-2014.

Almaty. April 7. KazTAG - "Kazakhtelecom" will restructure its affiliated structures, reports the press-service of the company.

"The restructuring of affiliated companies is among the strategic initiatives in order to fulfill the tasks set in the strategy of Kazakhtelecom cost increase adopted by the board of Kazakhtelecom on March 31 2014," reads the message.

The restructuring program stipulates transformation of management system in the affiliated companies, integration procedures and expenses optimization.

"In order to increase the volume and quality of services it was decided to integrate the business of Digital TV and Kazakhtelecom liquidating the legal entity Digital TV, and also liquidation of Online.kg in order to optimize the expenses. The liquidation of legal entity will not negatively affect the activity of Kazakhtelecom, interests of subscribers, clients, partners and other interested parties," reads the message.

As of January 1 2014 Kazakhtelecom owned stakes in Altel, Nursat, Cloud Lab, Digital TV, Vostoktelecom, RadioTell, Signum, Online.kg and MaxCom.





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