Qatar Holding to Purchase Kazakh Telecommunications Company

Qatar’s Power International Holding, a diversified business conglomerate, will buy Kazakhstan’s Mobile-Telecom Service, a joint company of Tele2 and ALTEL brand) for $1 billion, said Kazakh Minister of Digital Development, Innovation and Aerospace Industry Zhaslan Madiyev on June 18.

“There are obligations to build base stations and install 5G base stations. This will supposedly increase competition, and competition, as you know, leads to improved quality,” said Madiyev.(Source:astanatimes)

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