April 20, 2018 / 4:14 AM / a month ago

Kazakhstan's Kcell Q1 net income falls 5 pct

ALMATY, April 20 (Reuters) - Kcell, Kazakhstan’s biggest mobile telecommunications operator, reported on Friday a 5 percent fall in first-quarter net income to 3.752 billion tenge ($11.5 million).

Kcell, controlled by Sweden’s Telia, said earnings before interest, taxes, depreciation and amortization (EBITDA), excluding non-recurring items, increased 1.5 percent to 13.456 billion tenge from a year earlier on the back of a 2.1 percent rise in net sales. (Reporting by Olzhas Auyezov; Editing by Amrutha Gayathri)

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