June 23, 2017 6:18 PM ET

Wireless Telecommunication Services

Company Overview of KaR-TeL, LLC

Company Overview

KaR-TeL, LLC provides mobile telecommunication services in Kazakhstan under the brand name Beeline. In addition, it offers mobile Internet services. The company was founded in 1999 and is based in Almaty, Kazakhstan. As of September 6, 2005, KaR-TeL, LLC operates as a subsidiary of VimpelCom Ltd.

Koktem-2

Building 22

Almaty,  480090

Kazakhstan

Founded in 1999

Phone:

7 7272 50 16 16

Fax:

7 7272 50 16 15

Key Executives for KaR-TeL, LLC

Chief Executive Officer
Chief Financial Officer
Chief Director for Organizational Development & Personnel Management
Director for Corporate Strategy
Director for Operations Efficiency
Compensation as of Fiscal Year 2016.

KaR-TeL, LLC Key Developments

Kar-Tel Expands LTE Coverage

Kar-Tel has expanded the coverage of its LTE network. The network has been launched in the cities and towns of Shemonaikha, Kokshetau, Rudny, Zatobolsk, Taraz, Temirtau, Ekibastuz and Abay.

Kcell Joint Stock Company and Beeline Kazakhstan Sign Network Sharing Agreement for the Joint Deployment of 4G/LTE Services in Kazakhstan

Kcell Joint Stock Company and Beeline Kazakhstan have signed a network sharing agreement for the joint deployment of 4G/LTE services in Kazakhstan. The network sharing agreement is for the joint deployment of 4G/LTE services in all major areas in Kazakhstan over the coming years. It will not, however, restrict competition between the two companies. The two mobile network operators will undertake joint planning of 4G/LTE networks in order to improve efficiency while significantly accelerating implementation of the project and provide higher service quality. Under the agreement, Kcell and Beeline Kazakhstan will jointly roll out a shared 4G/LTE network with nationwide reach. Kcell will build out the network in seven regions: Almaty, South-Kazakhstan Western-Kazakhstan, Atyrau, Magystau, Kyzylorda and Aktobe. Beeline Kazakhstan will also be responsible for seven regions: Astana, Karaganda, Zhambyl, Eastern-Kazakhstan, North-Kazakhstan, Pavlodar and Kostanay. The initiative is based on both operators sharing the 4G/LTE Radio Access Network (RAN) by geographical split, with each operator investing 50% of the overall costs. The network will incorporate the most suitable sites in terms of location, transmission capacity and infrastructure environment in each city, to ensure the shared network provides excellent coverage and service quality. Management of the joint network will be undertaken by a team consisting of representatives from both Kcell and Beeline Kazakhstan. The assets will be owned by the operator that has undertaken the network rollout in that particular region. The first phase will be launched across 13 cities in September 2016. Kcell will launch the shared 4G/LTE network in four cities in Almaty, Shymkent, Atyrau and Aktau. Beeline Kazakhstan will launch the shared LTE network in Astana, Karaganda, Zhezkazgan, Satpaev, Kostanay, Borovoe, Pavlodar, Semey, and Oskemen. The joint 4G/LTE network is expected to cover over 30% of the country's population by the end of 2016.

Kar-Tel Appoints Aslan Zhusupov as the New CFO

Kar-Tel has appointed Aslan Zhusupov the new CFO of the company. Since May 2014 Zhususpov worked as CFO of the fixed operator 2Day Telecom, a subsidiary of Beeline Kazakhstan.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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