Markets and competition

The Company’s approach to managing anti-competitive behavior includes a combination of legal, ethical, and strategic measures. One of the fundamental legislative acts of the Republic of Kazakhstan that Kazakhtelecom JSC follows is the Law “On natural monopolies”.

The Company is included in the republican section of the State register of subjects of natural monopolies and performs functions of the operator of “universal services”, in this connection its activity is subject to regulation by the state.

The activity of Kazakhtelecom JSC in the sphere of antimonopoly regulation is controlled by the authorized body in the sphere of natural monopolies in the field of telecommunications — the Committee of state control in the field of communications, informatization and mass media of the Ministry of information and communications of the Republic of Kazakhstan. The authority in the field of protection of competition with regard to Kazakhtelecom JSC is exercised by the Committee for regulation of natural monopolies, protection of competition and consumer rights of the Ministry of national economy of the Republic of Kazakhstan.

During the reporting period, the Company did not record any cases related to violation of antitrust laws and other legal actions against the Company due to obstruction of competition.