Ukrtelecom, the largest telecommunications company in Ukraine, intends to build 500 base stations for mobile communications of the UMTS standard (3G) in 2010.
Ukrtelecom’s Board Chairman Heorhii Dzekon announced this at a press conference. “In our plans, in contracts that have been readied for signing, there are plans to build 500 base stations,” Dzekon said,
According to him, the company also plans to spend UAH 50 million on marketing and advertisement of its products in 2010.
Dzekon stressed that the plan to expand the company’s network and its general investment plan for 2010 have not yet been given final approval.
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.
The UMTS (Universal Mobile Telecommunication System) standard is the third-general mobile communications standard, which operates in a frequency spectrum above 2 gigahertz and allows provision of such services as high-speed data transfer, Internet access, videophone, as well as video and audio streaming.