Information on the decision of the Board of Directors dated February 09, 2023
Kcell Joint Stock Company (Kcell or Company) (KASE, KCEL) – one of the leading providers of the mobile communication services in Kazakhstan, informs its shareholders and investors that on February 9, 2023 the Company’s Board of Directors approved transactions:
Deputy Chief Finance Officer,
Authorized person for Stock Exchange
Kcell is a Kazakh provider of digital telecommunications services: mobile communicationsand converged services of fixed communications (FMC), data transmission and Internetaccess, financial services, digital services and mobile applications, IT solutions in the field ofsystem integration, the Internet of things, machine-to-machine connectivity, big datacollection and processing and cloud computing. Kcell is also a leading mobile operator inKazakhstan providing the ‘smartphone + tariff’ service.Kcell has become the largest digital ecosystem in Kazakhstan with competitive advantagesthrough its value-added services such as mobile financial services, mobile TV, onlinemovies, music, books and magazines, as well as unique solutions for business customers.The company holds leading positions in the B2B market thanks to its strategy of verticalinfrastructure solutions and development and implementation of the cutting-edgetechnologies. The company’s 4G/LTE network covers 67.5% of the country’s population andprovides high quality services.The company operates under its two brands - Kcell and activ that are widely recognized inour highly competitive telecom market due to the high quality of customer service. Thanks toits clear multi-brand architecture, Kcell increases its business efficiency in the B2C segmentthrough optimal pricing for bundled offerings, customer base profitability management andnetwork quality.