/KASE, April 15, 2025/ – Kcell JSC (KASE ticker – KMGZ), has announced the following:

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Kcell Joint Stock Company (hereinafter referred to as "Kcell" or the "Company") (KASE: KCEL), one of the leading telecommunications service providers in Kazakhstan, discloses its financial results for the fourth quarter and twelve months of 2024.

Confident growth, new technologies, and large-scale infrastructure projects marked Kcell’s transition into 2025, reinforcing its industry leadership and setting the direction for the telecom market's development. The Company increased its revenue by 6% to KZT 241.3 billion, expanded 5G coverage, and implemented major initiatives, including the launch of mobile services in the Almaty metro system.

Kcell presented its operational and financial results at the Kazakhstan Stock Exchange (KASE) Issuer's Day, where it shared its achievements and strategic priorities for the future.

The past year saw steady growth and significant investment for the Company. Total revenue reached KZT 241.3 billion, while net profit amounted to KZT 10.1 billion. The subscriber base saw an increase to 7.9 million customers – one of the key indicators of user trust and sustained demand for the Company's services. The share of users with 5G-enabled devices also continues to grow steadily, reaching 27.4%, underscoring the readiness of Kazakhstan’s population to shift to next- generation mobile internet.

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Full version of the press release in Russian – see more

Full version of the press release in English – see more

[2025-04-15]