The new head of Kazakhtelecom was confirmed

10.10.06 11:26
/INTERFAX-KAZAKHSTAN, Astana, October 9, 06/ - Askar Zhumagaliyev was confirmed as head of Kazakhtekecom JSC. "On October 9 the board of directors of Kazakhtelecom JSC had elected the new chairman of administration (the president) of Kazakhtelecom JSC Askar Zhumagaliyev", - the agency Interfax-Kazakstan was informed in the press- service of Kazakhstan holding of state assets' management Samruk JSC. 34 years' old A.Zhumagaliyev had replaced 50 years' old Khayrat Karibzhanov in the position of president of Kazakhtelecom JSC. Before this appointment A.Zhumagaliyev was the head of state agency of information and connection. Kazakhtelecom is the leading operator of connection in Kazakhstan. Company provides the services of local, inter-cities, international voice telephony, services of data transferring, "Kulan" satellite network services, wire radio broadcasting and so on. The shareholders with the stake of ownership of common shareholdings of Kazakhtelecom JSC as of July 1 are holding of state assets' management Samruk (55.6%), BODAM B.V. (16.9%), The Bank of New York (10.2%), Сentral Аsian Industrial Holdings N.V. (9.6%). The decree about creation of state holding Samruk the president of Kazakhstan Nursultan Nazarbayev had signed in the end of January of this year. The Government had determined five national companies state stakes of which had to be delivered to the holding at the first stage: Kazakhtelecom JSC, Kazpochta JSC, company of electrical networks' management KEGOC JSC, oil and gas company NC KazMunayGas JSC, and national railway company Kazakhstan temir joly JSC (KTJ). Kazpochta, KEGOC, KazMunayGas and KTJ are wholly state companies. [2006-10-10]