Kcell

Kcell Appoints New CFO

Kazakhstan mobile operator Kcell, controlled by the TeliaSonera group, has appointed Trond Moe its new CFO. Moe earlier worked as CFO for the Mode Group, based in the UK. He was also a partner of Ukraine consulting company Eastern Europe Group from 2011 to 2013 and worked as Ukrainian regional manager at Telenor from 2006 to 2011.

Ucell

Ucell Service Revenues Up 16% in Q4

Sales of Uzbekistan mobile operator Ucell, controlled by the TeliaSonera group, totaled SEK 3.613 billion in 2014, up from SEK 3.118 billion in 2013. EBITDA, excluding non-recurring items, was SEK 1,944 million, up by 15.7 percent. Service revenues grew by 15.7 percent in local currency in the fourth quarter, mainly driven by higher data usage and a larger subscribers base. The EBITDA margin, excluding non-recurring items, increased to 51.4 percent in the fourth quarter from 49 percent in the year-earlier period, helped by higher revenues and cost optimization activities. The margin dropped by 0.1 percentage points over the full year to 53.8 percent. Ucell’s mobile subscriber base grew by 0.9 percent in 2014 to 8.574 million at year-end.

Azercell

Chiril Gaburici Leaves Azercell at the End of the Year

Azercell Telecom LLC announced that its recent CEO Chiril Gaburici is leaving a company at the end of this year as his contract has come to an end. Chiril Gaburici decided to pursue other career opportunities outside of Teliasonera Group, the company said Dec. 25.

He has been with the Group for almost 14 years, and prior to joining Azercell in September 2012, Chiril Gaburici worked as a CEO at Moldcell.

“When his contract now is ending and Chiril will address new opportunities outside the Group I thank him for the loyalty, time and efforts that he spent during the year. I sincerely wish him all the best for the future.” 

Says Erik Hallberg, EVP TeliaSonera Group and President Eurasia.

Vahid Mursaliyev, Head of Legal Department of Azercell Telecom will perform as Acting CEO from the 5th of January 2015 until a new CEO will be appointed by its Board.

“I welcome Vahid to his new role. Together with a dedicated management team it´s our sincere belief we will continue the good turn we have seen during the last 6 months of the year.”

Erik Hallberg said.

Vahid Mursaliyev joined Azercell in 2005. Since then he has worked at various top management positions including those as a General Counselor to CEO and Director of Legal Affairs and General Administration department.

In 2000-2001 he obtained his PHD in Corporate Management in Case Western Reserve University in US. He is a member of International Bar Association, and Dr. of International Eco energy Academy. He is also a graduate of Faculty of Law of Baku State University.

The Company will start an executive search to find a successor for Mr. Gaburici.

Azercell Telecom LLC was founded in 1996 and since the first years sustains a leading position on the market. Azercell introduced number of technological innovations in Azerbaijan: GSM technology, advance payment mobile services, GPRS/EDGE, 24/7 Customer Care, full-time operating Azercell Express offices, mobile e-service “ASAN imza” (ASAN signature) and others. With 51% share of Azerbaijan’s mobile market Azercell’s network covers 99,8% of the country’s population.

Currently, the number of Azercell’s subscribers reached 4,6 million people. In 2011 Azercell deployed 3G and in 2012 the fourth generation network – LTE in Azerbaijan. The Company is the leader of Azerbaijan’s mobile communication industry and the biggest investor in the non-oil sector.

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