NCRC Prolongs Ukrtelecom’s Licenses For Intercity And International Communication Until 2015

ukrtelekom-enThe National Communications Regulation Commission has prolonged Ukrtelecom’s licenses for services of intercity and the international communication until 2015.

This disclosed in the decision of the commission No.585 of December 23.

The decision was taken on the basis of Cabinet of Ministers’ instructions of November 18 and decision of the Kyiv District Administrative Court of December 20.

The license was prolonged for the period of five years starting with the date of expiration of the previous license (September 18, 2010).

According to the decision, the license was prolonged by 30% of the cost of assignation of relevant license.
The cost of the license prolongation is not disclosed.

As Ukrainian News earlier reported, Ukrtelecom reported a loss of UAH 456.426 million for the year 2009, when its net revenues increased by UAH 225.202 million or 3.39% to UAH 6,870.931 million compared with 2008.

Ukrtelecom has a 78.5% share of the fixed-line telephone market in Ukraine and provides services to 9.9 million subscribers.

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