"Ukrtelecom" - alpha and omega of Ukrainian communications segment
..According to our conservative estimates, "Ukrtelecom" is an enterprise that can be attributed to the most "blueish" among the few domestic blue chips: it shows profit and reveals reporting, and indeed it is "popular" now. It employs about 40 thousand people. Today, StockWorld.com.ua tells about it as a company, and as an issuer.
Back to the well
"Ukrtelecom" is Ukraine's first mobile operator that has received permission to provide communication services by 3G-UMTS standard.
"Ukrtelecom" is the most "blueish" among the few domestic blue chips.
Today's "Ukrtelecom" was registered in 1993 as "Ukrelektrosvyaz", and only a year later, in 1994, the company acquired its present name. 1998 marks the milestone in reorganization into state enterprise, and in 2000, after corporatisation process, the association was reorganized into OJSC.
"Jack of all trades"
"Ukrtelecom" is operating on the whole territory of Ukraine and provides almost all types of telecommunication services (international, long distance, local communication, Internet services, data transmission services; permanent IP connection on a specific line, video conferencing and other advanced telecommunication services).
In addition, in 2005, "Ukrtelecom" was qualified for providing mobile services using UMTS / WCDMA standard. Maybe, not so many people use "Ukrtelecom" mobile operator services, however, by providing mobile Internet services this company is in the lead.
Used time profitably
The 2000s were marked by capital investments to the company.
The 2000s were successful for the enterprise. These were years of growth and investment. As a result, for the telecommunications infrastructure development plan implementation "Ukrtelecom" received about 702 million USD capital investment. This made putting into operation of fixed assets additionally 601 million UAH possible. Consequently, 818 km of fiber-optic connected lines have been built and put into use for almost 139.000 telephone numbers.
It paid off - to the end of the first half of 2010 profit of the company was 48 million USD. At the end of last year the company showed twicely exceeded profit.
June 14, 2011, the General Meeting of of PJSC "Ukrtelecom" shareholders took place. During the meeting it was decided to change the name from open joint-stock company "Ukrtelecom" to the public joint stock company (PJSC "Ukrtelecom").
In 2013, PJSC "Ukrtelecom" became part of the SCM Group.
At the same 2011th changes in the composition of company's owners took place. "ESU" LLC, which is owned by the Austrian investment fund EPIC, bought 92.79% of "Ukrtelecom", and became the majority shareholder.
On October 4, 2013, PJSC "Ukrtelecom" became part of the SCM Group. As a result of 100% share purchase UA TELECOMINVEST LIMITED (Cyprus), who controlled the corporate rights of "ESU" LLC, the largest Ukrainian financial-industrial group, became the majority shareholder of the company.
More about the process of ownership changes, as well as financial results, results of "Ukrtelecom" securities trades can be found in the section "Company Profile" on StockWorld.com.ua.
Covering about 85% of international and long-distance communication services market, and about 70% of the local communication market, Ukrtelecom occupies leading position in Ukrainian telecom segment. Nowadays, more than one million Internet users and nearly 400 thousand subscribers use services of this company
- 12:4515.092713615.09.2016 | Did you know271360The market of direct and venture investments in Ukraine: figures, facts, trends. Part 2.Global and Ukrainian trends and indicators in the field of investment.
- 10:1214.092730414.09.2016 | Did you know273040The market of direct and venture investments in Ukraine: figures, facts, trendsHow has the field of venture capital investment existed during recent years
- 19:0031.082721231.08.2016 | Did you know272120"Hello" from the Mermaid, or how securities market of Denmark is organizedHow Danish stock market, one of the oldest in the world, exists and operates.
- 15:1003.082723903.08.2016 | Did you know272390Line - the first messenger on IPOThe history of initial placement of Line messenger.
- 10:0003.072768203.07.2016 | Did you know276820Chief Metallurgist of Ukraine, or a history of "Azovstal"Not a "blue chip" anymore, but is still the leader of Ukrainian metallurgy.
- 18:3006.062758006.06.2016 | Did you know275800NDU Rebranding: what, how much and whyNational Depository of Ukraine changed the logo and corporate identity
- 18:4502.062746002.06.2016 | Did you know274600Raiffeisen Bank Aval - godfather of the banking systemThe history of the largest bank in Ukraine, the "blue chip", recognized as the best in Eastern Europe.
- 10:2025.052726925.05.2016 | Did you know272690UAE: down from a mall, straight to the ballAbout the UAE's stock market - the country which has more oil than water.
16:5807.123332Investors' coming to coal industry seems impossible 14:3707.123087Kyivstar got new CEO 16:1206.123053FUIB afforced Supervisory Board 13:5406.122804Chinese allowed to enter PFTS's capital 15:3305.123209New Memorandum on cooperation with IMF is approved 11:1705.123215Ukrainian Exchange admitted bonds of Alfa Bank and OTP Bank to trading 16:0704.122817Ihor Mitiukov was reselected as NDU's Supervisory Board Chairman 12:5504.122591VAT refund has increased by 12% since January 2018 15:1003.123177EBRD, EIB and WBG launch enterprise survey 12:0703.122834Ukraine is in top three countries by frequency of systemic banking crises