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 Wednesday, 06 October 2010
The Ukraine government has started the privatisation of state-owned national operator Ukrtelecom. The government has transferred the management of its 92.79 percent stake in the operator to the National Property Fund for sale. The net profit of Ukrtelecom totaled UAH 47.97 million in the first half of this year, versus a loss of UAH 124.13 million in H1 2009. Revenues rose 3.3 percent year-on-year to UAH 3.40 billion in H1.
Source: TelecomPaper