Austria’s EPIC, whose Ukraine-based unit ESU was the only company to have filed a bid to buy the Ukrainian government’s 92.79% stake in fixed-line monopoly Ukrtelecom, plans to restructure Ukrtelecom following the purchase, Peter Goldscheider, EPIC’s managing partner, told PRIME-TASS late Tuesday.
A cloud was cast over the latest stage of Ukraine’s marathon campaign to privatise Ukrtelecom, a state telephone company, as officials announced on Tuesday that only one bidder had registered for the auction.
Ukraine’s government delayed its Dec. 28 sale of phone company VAT Ukrtelecom because it attracted only one bidder, the head of the state property fund said.
Ukraine’s State Property Fund has been drumming up serious interest for the government’s 92.79% stake in the country’s former fixed line monopoly and sole 3G mobile licensee, Ukrtelecom. Analysts expect bidding to top the $1.3 billion bid price set in October.
Three companies have expressed an interest in purchasing Ukrtelecom since the Ukrainian government put the former monopoly telco up for sale, the State Property Fund (SPF) claimed yesterday.
Someday, they’ll build wireless Internet into every building, just the way they build in running water, heat and electricity today. Someday, we won’t have to drive around town looking for a coffee shop when we need to check our e-mail.
Dell’Oro sees 62 million unit shipments by same date, higher than previous predictions.
Revenues generated by femtocell deployments worldwide will reach $4 billion by 2014, with the EMEA region leading the way, analyst firm Dell’Oro Group predicted on Wednesday.
Internet giant will pay $100 million-plus for visual search provider, according to reports.
Google Inc. is on the verge of acquiring Like.com, a search engine that allows consumers to search for products using images, reported the TechCrunch blog Sunday.
The Antimonopoly Committee accuses Altimo company, Russia, of provision of incomplete information for requests of committee during the revision of permit for the merger of the Kyivstar mobile communication operator and Russia’s VimpelCom mobile communication operator, chairman of Antimonopoly Committee…
Baker & McKenzie announced today that it acted as legal counsel to Horizon Capital with respect to its multimillion acquisition of a minority stake in Datagroup, one of Ukraine’s top providers of data networks and fixed-line, satellite, and wholesale telecommunications services. The investment will reach up to USD40 million, informed HITech.Expert.