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. Last Updated: 07/27/2016

Kazakh Phone Sell-off

MOSCOW () -- Kazakhstan intends to sell a large stake in state telecommunications company Kaztelekom to a consortium of Deutsche Telekom and France Telecom, President Nursultan Nazarbayev said Friday. He gave no other details.

On Feb. 5, the government announced a tender for foreign firms to supply and assemble telecommunications equipment. The tender included the possibility of privatizing part of Kaztelekom.