Qatari firm Power International Holding completes acquisition of Kazakhstan's leading 5G provider, MTS.

Power International Holding (PIH), a Qatari company, has completed the acquisition of Mobile Telecom-Service LLP (MTS), Kazakhstan's leading 5G provider, from Kazakhtelecom. The deal, first agreed upon in February 2024, formalizes PIH's expansion into Kazakhstan. MTS, known for its Altel and Tele2 brands, operates in a booming telecom market driven by high demand for enhanced digital services in the country.

2 months ago
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