Kazakhtelecom (Kazakhstan) informs on long-term development strategy of Kazakhtelecom group

21.10.08 22:24
/KASE, October 21, 08/ - Kazakhtelecom (Astana), shares of which are traded in the official list of Kazakhstan Stock Exchange (KASE) of the first category, provided KASE with the press release: Quotation start On October 20, 2008 the President of Kazakhstan Nursultan Nazarbaev received chairman of the board of Kazakhtelecom Askar Zhumagaliev in Ak Orda residence. Zhumugaliev told about the main points of the Strategy for long-term development of Kazakhtelecom group. In particular, the draft of the development strategy for 2008-2017 years has been elaborated in accordance with recommendations of the top consulting company Ernst and Young. The main strategic objective of the group is to increase a shareholder value and preservation of leading status at a communications market. To ensure achievement of the indicated objectives in the upcoming years the Group has to accomplish several priority tasks: increase of level and quality of infrastructure and services; development of wide band Internet access; implementation of new services with added value; entry of external markets; concentrated growth in mobile segment of the market. In turn, for improvement of infrastructure and services quality a number of measures must be taken: to perfect business processes, develop unlimited access to information and communication services, establish information environment, and fully satisfy population needs in regard of telephone connection etc. Within the frames of introduction of new services it is planned to accomplish SIP- telephony development projects (Internet channels telephony), IPTV (interactive digital television), conversion of fixed and mobile connection. Accomplishment of this Strategy must help Kazakhtelecom become a regional vertically integrated communications operator, leading in all segments of Kazakhstan telecommunications market and countries where present. Public Relations Service Kazakhtelecom Quotation end [2008-10-21]