Tuesday, November 6, 2012

K’cell plans USD800 million IPO in London

Kazakh mobile operator GSM Kazakhstan (K’cell), a unit of Nordic telecoms group TeliaSonera, plans to list around 25% of its shares for up to USD500 million, the Financial Times reports. The development follows a similar move by fellow TeliaSonera affiliate MegaFon of Russia, which unveiled plans for its own 25% listing earlier this year.


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OVETEL K’cell plans USD800 million IPO in London

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