As part of the demonopolization of power supply and communications, the government of Kazakhstan has suggested decreasing Kazakhtelecom’s share (the company is the national operator in the sphere of communications) in the sphere of mobile communications, according to the press service of the prime minister.
The suggestion was made during a meeting of the Commission on the Economy Demonopolization by a representative of the Agency for Protection and Development of Competition.
«In order to proceed with the demonopolization of the communication market, it’s been suggested to cut the market share of Kazakhtelecom. The prime minister has ordered to go behind this suggestion to get a better understanding of how this would affect the national economy,» the press service said.
In April, the government said it took back 28.8% of Kazakhtelecom’s stock from two private companies Skyline Investment Company S.A. (24.95%) and Alatau Capital Investment (3.85%).