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Ukrtelecom

Ukrtelecom
Company nameJSC Ukrtelecom
Укртелеком
Company typeJoint stock company
IndustryTelecommunications
Founded1993
HeadquartersKiev
Operating income(-) UAH 8.0 billion (2010)
Net income(-) UAH 6.7 billion (2010)
Employees123,102 (2006)

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Ukrtelecom JSC ( ) was Ukraine's monopolist government-owned telephone company, also active in Internet service providing and mobile markets. The company was governed by the Ministry of Transportation and Communications of Ukraine with 92.9% shares belong to government.

Austrian investment firm EPIC bought a 92.79 percent stake in Ukraine's main fixed-line operator Ukrtelecom UTLM.PFT from the Ukrainian government for $1.3 billion.

It participates in ITUR, TEL/ТАЕ, and BSFOCS international cable systems. Until 1994, the company was known as Ukrelectrozvyazok ( ).


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