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Kyivstar Intending To Merge Storm LLC And Boost Statutory Fund By UAH 350 Million To UAH 884.4 MillionThe Kyivstar telecommunication operator intends to merge the limited liability company Storm based in Kyiv and to boost the statutory fund by UAH 350 million to UAH 884.369 million.
Ukrainian News learned this from a statement by Kyivstar, the wording of which was made available to the agency.
According to the statement, Kyivstar intends to issue 7 million ordinary registered shares with face value of UAH 50 each. The shares will be exchanged for shares in Storm.
The issue of the shares will be in non-documentary form.
The question of the increase in the statutory fund for merger of Storm with Kyivstar is in agenda of shareholder meetings set for January 20, January 27, and February 10, 2011.
As Ukrainian News earlier reported, on October 5, 2009, the Altimo company (Russia) and the Telenor telecommunications company (Norway) 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.
Kyivstar and Beeline communications operators plan to close the merger deal by 2014.
Altimo controlled its shareholding in Kyivstar through Storm.
VimpelCom Holdings (Netherlands) owns 56.52% of the shares of Kyivstar, and Storm owns 43.48% of the shares. VimpelCom Ltd controls both companies.
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Kyivstar, Beeline Introduce Single “25 Million” Tariff PlanThe Kyivstar telecom operator and the Beeline communication operator (Ukrainian RadioSystems and Golden Telecom companies) have introduced a single tariff plans — "25 Million" — for their contractual subscribers and subscribers to pre-paid service of the two networks from November 25.
Ukrainian News learned this from a joint statement by the operators.
According to the tariff plan, the subscribers receive 250 package minutes of calls within the Kyivstar and Beeline networks (the cost beyond the package will be UAH 0.20/minute).
The cost of calls to numbers of Ukrainian fixed telephone and mobile operators will be UAH 0.70.minute.
The user charge is UAH 20 per month.
No fee is charged for connection.
The tariff plan envisages per minute billing.
As Ukrainian News earlier reported, the Kyivstar telecom operator has opened from November 22 the national roaming for the subscribers of Beeline.
Kyivstar and Beeline communications operators plan to close the merger deal by 2014.
The companies will be merged in several stages: at the first one Kyivstar will open national roaming for Beeline subscribers to enable them communicate under the Beeline tariffs within the united network.
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Kyivstar Opens National Roaming For Beeline SubscribersThe Kyivstar telecom operator has opened the national roaming for the subscribers of Beeline (Ukrainian RadioSystems and Golden Telecom companies).
Ukrainian News learned this from a statement by Kyivstar, the wording of which was made available to the agency.
"From now on, on territories where there is no radio coverage of GSM-network of Beeline-Ukraine or where the signal is weak, phones of the subscribers of Beeline will automatically connected to the Kyivstar network," reads the statement.
The charges of the calls, messages and other Beeline subscribers' services will not be changed, these will remain the same in correspondence with the active tariff plans, irrespectively of the network the subscriber is connected to.
As Ukrainian News earlier reported, Kyivstar has announced its intention to open national roaming for the subscribers of Beeline.
Kyivstar and Beeline communications operators plan to close the merger deal by 2014.
The companies will be merged in several stages: at the first one Kyivstar will open national roaming for Beeline subscribers to enable them communicate under the Beeline tariffs within the united network.
On October 5, 2009, Altimo (Russia) and Telenor (Norway) 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.
According to the research "TOP-100. Leaders of Ukrainian Business", Kyivstar is in the first place among Ukrainian communication and telecommunication companies in the terms of net revenues for 2008 (UAH 12.8 billion) and in the terms of net profit for 2008 (UAH 5.56 billion).
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Kyivstar Opened National Roaming For Beeline SubscribersThe Kyivstar telecom operator opened national roaming for the subscribers of Beeline (Ukrainian RadioSystems and Golden Telecom companies).
In particular, in places where Kyivstar's signal is stronger than that of the Beeline network, subscribers will be switched over to the Kyivstar network.
The charges of the calls, messages and other Beeline subscribers' services will not be changed, these will remain the same in correspondence with the active tariff plans, irrespectively of the network the subscriber is connected to.
As Ukrainian News earlier reported, Kyivstar in early November announced the possibility of opening national roaming for Beeline subscribers before December.
Kyivstar and Beeline communications operators plan to close the merger deal by 2014, Ukrainian News say.
The companies will be merged in several stages: at the first one Kyivstar will open national roaming for Beeline subscribers to enable them communicate under the Beeline tariffs within the united network.
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Kyivstar May Open National Roaming For Beeline Subscribers Before DecemberThe Kyivstar telecom operator may open national roaming for the subscribers of Beeline (Ukrainian RadioSystems and Golden Telecom companies) before the end of November, Ukrainian News has learned from the company leading public relations specialist Serhii Tovstenko-Zabelin.
"I suppose this [will be] say late November. The exact date is not known yet," he said.
Tovstenko-Zabelin says the exact day of opening national roaming is hard to be named because, in his words, interconnection of the networks with different technological settings is quite a difficult technological process, and it is not easy to forecast the time period it may take.
As Ukrainian News earlier reported, Kyivstar and Beeline communications operators plan to close the merger deal by 2014.
The companies will be merged in several stages: at the first one Kyivstar will open national roaming for Beeline subscribers to enable them communicate under the Beeline tariffs within the united network.
On October 5, 2009, Altimo (Russia) and Telenor (Norway) 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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Beeline Starts Providing Services Of Fixed Internet Access Under Kyivstar BrandThe Beeline communications operators (Ukrainian RadioSystems and Golden Telecom companies) has started providing services of fixed access to the Internet to new subscribers under the brand of Kyivstar from November 1, 2010.
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Beeline Introduces Subscriber Fee Of UAH 5.9 A Month For ‘Favourite Country’ ServiceBeeline communications operator (Ukrainian RadioSystems and Golden Telecom companies) from November 10 introduces a subscriber fee of UAH 5.9 a month for using the Favourite Country service, Ukrainian News has learned from a statement made by the operator.
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Number Of Mobile-Telephone Operators’ Subscribers In Ukraine Up By 0.5% To 56.6 MillionIn September, the number of subscribers of Ukrainian mobile-telephone operators rose by 0.5% or 0.3 million to 56.64 million.
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Kyivstar Says It Might Not Use In Full Radio Frequencies Obtained As Result Of Merger With BeelineThe Kyivstar communication operator says it may not use in full radio frequencies obtained as a result of the merger with the Beeline operator (the Ukrainian Radiosystems and Golden Telecom companies).
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Kyivstar And Beeline To Close Merger Deal By 2014Kyivstar and Beeline communications operators (Ukrainian RadioSystems and Golden Telecom companies) plan to close the merger deal by 2014, Kyivstar President Ihor Litovchenko, the manager of VimpelCom Ltd business unit in Ukraine, has told a news conference.
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