GSM-K ups network investmentKazakhstan’s largest cellular operator by subscribers says it plans to invest USD264 million this year, up from USD223 million in 2007, as it pushes ahead with the expansion of its network. GSM Kazakhstan (GSM-K), which offers services under the K-Cell brand, is set to install 310 new base stations by the end of the year, Interfax reports. GSM-K is 49%-owned by Kazakhtelecom and the remainder is held by Fintur Holding, a venture between Turkcell and TeliaSonera. The cellco had just over six million subscribers and a 54% share of the Kazakh mobile market at the end of 2007.
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