/KASE, March 2, 2026/ – Kcell JSC (KASE ticker – KCEL) reported the following:

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Kazakhstan's leading telecommunications provider, announced the signing of a credit agreement with the Eurasian Development Bank (EDB) for up to KZT 49.058 billion. The Company plans to draw down funds on an as-needed basis to finance ongoing expenditures, which will facilitate the expansion of mobile network coverage and enhance high-speed internet quality in both major cities and rural regions nationwide.

The credit facility will allow Kcell to fast-track infrastructure modernization, enhance network performance, and increase the accessibility of digital services for millions of people. Kcell is systematically developing telecommunications services in Kazakhstan, and this new funding will expedite projects already in the company's pipeline.

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The full version of the press release in Russian – see more

The full version of the press release in English – see more

[2026-03-02]