Ukraine’s Supreme Court has ordered Ukrtelekom to pay Oschadbank a debt totalling around UAH1.5billion (€52.3 million), including interest.
Ukrtelekom’s internet revenues in H1 amounted to over UAH880 million (€30.5 million), or 8.2% more than in the corresponding period last year.
The Ukrainian incumbent Ukrtelekom plans to invest around UAH270 million (€8.9 million) in a high speed optical network with the involvement of international partners.
Ukrtelekom’s FTTB networks now reach over 150 settlements in all parts of Ukraine.
Ukrtelekom will soon be offering its customers in Dnipro internet access of up to 1Gbps.
The Ukrainian incumbent Ukrtelekom invested UAH1 billion (€34.8 million) on the development of technical infrastructure in 2016, with just over half (UAH509 million) being spent on the modernisation of its network.
The Ukrainian incumbent Ukrtelekom has launched an IPTV service in partnership with OLL.TV.