Kazakhtelecom: results for 3Q2017 and rating upgrade to "BB+"

01.11.2017

In 3Q2017 the Company increased its revenue by 3.2% y/y due to the compensation for the provision of services in rural areas. For the reporting period, Kazakhtelecom got the profit of KZT327mn from JV with Tele2. S&P raised the Company's rating to "BB+" with a "Stable" outlook.    

In 3Q2017 the...