Kyivstar Decides To Reorganize From CJSC Into Private JSC

The Kyivstar telecommunication operator has decided to reorganize from a closed joint-stock company into a private joint-stock company.

The decision was taken at the stockholders’ meeting on March 14.

Besides, they decided not to use GSM standard in official name of the company (Kyivstar GSM) as the company is introducing telecommunication services on the basis of other technologies, in particular, EDGE/GPRS, WAP, FTTB.

As Ukrainian News earlier reported, On October 5, 2009, the Altimo company (Russia) and Telenor agreed to merge Kyivstar and VimpelCom to create a new cellular communications operator, VimpelCom Ltd. (Bermuda islands), to provide integrated cellular communications services in Russia, Ukraine, and other member-countries of the Commonwealth of Independent States, as well as in Georgia, Vietnam, Cambodia, and Laos.

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