S&P Global Ratings upgraded outlook on Kazakhtelecom's credit rating taking into account the company's strategic development prospects
/KASE, July 31, 2025/ – Kazakhtelecom JSC (KASE ticker – KZTK) reported the following:
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Kazakhtelecom continues to implement a long-term sustainable development strategy with an emphasis on high-tech areas, which was positively noted by analysts from the international rating agency S&P Global Ratings.
S&P Global Ratings upgraded the company's rating on the national (Kazakhstan) scale from "kzA+" to "kzAA-", and also improved the outlook to "Stable", affirming the long-term credit rating of Kazakhtelecom at "BB".
The agency's analysts came to these conclusions after receiving a more detailed understanding of the company's development strategy, investment plans and expected results after the sale of the mobile asset to Mobile Telecom-Service LLP at the beginning of 2025.
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[2025-07-31]