Conference call and financial results for fourth quarter and full year ended 31 December 2012


Kcell JSC

 

Conference call and financial results for fourth quarter and full year ended 31 December 2012

Almaty, 24 January 2013 - Kcell Joint Stock Company (“Kcell”), the leading provider of mobile telecommunications services in Kazakhstan by market share in terms of revenue and subscribers, will announce its results for the year ended 31 December 2012 on 31 January 2013.

Kcell will host an analyst conference call on 31 January 2013 at 11:00 UK time / 17:00 Almaty / 15:00 Moscow. Dial in details are as follows:

 

 

UK Free Call Dial In

Standard International Dial-in

Moscow Free call number

New York Local Call Dial-in

0800 694 0257

+44 (0) 1452 555 566

81080020972044

16315107498

 

Conference ID

 

92834804

 

A replay of the call will be available until 6 February using the following details:

 

UK Free Call Dial-In

UK Local Call Dial-In

Standard International Dial-In

USA Dial-In

0800 953 1533

0845 245 5205

+44 (0)1452 550 000

1 (866) 247-4222

 

Replay Access Code

 

92834804

 

 

Enquiries:

 

Kcell

 

Investor Relations

 

Irina Shol

Tel: +7 727 2582755 ext. 1205

Investor_relations@kcell.kz

 

 

 

 

 

 

International Media

 

College Hill

Tel: +44 207 457 2020

Leonid Fink, Tony Friend, Kay Larsen

 

 

 

 

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 30 September 2012 it had approximately 12.7 million subscribers, representing a market share of 47.7%, as estimated by the Company. Its estimated market share in terms of revenue was 57% for the year ended 31 December 2011.

 

Kcell provides mobile voice telecommunications services, value-added services such as short message services, multimedia messaging services 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.

 

Kcell benefits from operating in the fast growing emerging economy of Kazakhstan. In 2011 Kazakhstan’s real GDP growth was 7.5%, according to the Economist Intelligence Unit (EIU). Real GDP per capita has been growing at a compound annual growth rate of 5.9% since 2009 to reach US$11,491 in 2011, according to the EIU, while Kazakhstan’s unemployment rate declined from 6.6% in 2009 to 5.4% in 2011. As at 31 December 2011, Kazakhstan had a positive trade balance of US$47.3 billion with foreign direct investments of US$12.9 billion, according to the EIU.

 

Kcell has 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, including shares representing 25 percent of Kcell’s share capital.

 

TeliaSonera holds directly and indirectly 61.9% of the Company’s common shares.

 

The board of directors of Kcell is comprised of six members, including two independent directors Jan Erik Rudberg and Bert Åke Stefan Nordberg. Jan Erik Rudberg is also the chairman of the board of directors of the Company.

 

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.