Kazakhtelecom JSC

Implementation of LTE/GSM/UMTS networks within the territory of the Republic of Kazakhstan

Transport and logistics

Funding status: Assimilated

Information about Kazakhtelecom JSC

Project name Implementation of LTE/GSM/UMTS networks within the territory of the Republic of Kazakhstan
Project description Network deployment of the wireless communication as the fourth generation (4 G) on the territory of the Republic of Kazakhstan, providing broadband Internet at a bit rate up to 100 Mb/s
Borrower Development Bank of Kazakhstan JSC Kazakhtelecom JSC
Final beneficiaries
 Samruk-Kazyna JSC, Committee of the state property and privatization Committee of the Ministry of Finance of the Republic of Kazakhstan
Services Mobile communication services
Structure of project financing Project cost 107,58 bln ₸
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies The total amount of loan funds - 37 bln ₸ (34 %), including:
  • Credit line – 26,9  bln ₸:
    • Limit1  – 18,5  bln ₸
    • Limit 2 – 8,4  bln ₸
Borrower's own participation 70,5 bln ₸
Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Kazakhstani tenge
Type of financing instrument Medium- and long-term lending to investment projects
Rate of remuneration
  • Limit 1  – 7 %;
  • Limit 2 – 9 %;
Loan term 10 years
Funding source Equity capital of «DBK» JSC, raised funds (including  funds from the National Fund of the Republic of Kazakhstan)