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Kazakhtelecom Annual Net Income Advances 26% to to $235 Million

AO Kazakhtelecom, the national phone monopoly in Kazakhstan, said net income advanced 26 percent on the year to 34.3 billion tenge ($235 million).

Sales rose 6 percent to 153 billion tenge in the period, Almaty-based Kazakhtelecom said in an e-mailed statement today, citing preliminary data.

To contact the reporter on this story: Nariman Gizitdinov in Almaty at ngizitdinov@bloomberg.net

To contact the editor responsible for this story: Steve Voss at sev@bloomberg.net

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