Vietnamese telecommunications company Viettel is expected to invest about U.S. $600 million in broadband development in Ukraine, Vladislav Kaskiv, director of Ukraine’s State Agency for Investments and Investment Project Management, told reporters on March 26.
The chairman of Ukraine’s State Property Fund (SPF), Alexander Ryabchenko, has announced that only one bid has been received for a 92.79% stake in government-owned incumbent telco Ukrtelecom, from Epic Services Ukraine (Esu), a subsidiary of Austrian investment fund Epic.
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.
Ukraine mobile operators oppose universal service fund plan
The total number of homes receiving pay-TV services in Ukraine stood at around 3.3 million as of the beginning of this year.
Ukraine’s Antimonopoly Committee (AMC) will decide within a month on whether the merger of Russia’s OAO VimpelCom and Ukraine’s CJSC Kyivstar GSM into Vimpelcom Ltd. Holding is in line with Ukraine’s national competition legislation, AMC Chairman Oleksiy Kostusev has said.