Kazakhtelecom (Kazakhstan) concludes non-arm's length deal with VOSTOKTELECOM

/KASE, September 25, 13/ – Kazakhtelecom (Astana), whose securities bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... at a meeting of the Board of Directors of Kazakhtelecom (hereinafter – the Company), held on September 9, 2013, it was decided to conclude a non-arm's length deal – an Agreement on joint operation to provide local telephony services and data transmission based on WLL CDMA 450 between VOSTOKTELECOM AND Kazakhtelecom. The Agreement on joint operation to provide local telephony services and data transmission based on WLL CDMA 450 between VOSTOKTELECOM AND Kazakhtelecom was concluded on September 19, 2013". unquote [2013-09-25]