A global outage in IT systems affected Sense Bank, one of Ukraine’s largest banks, and Vodafone Ukraine on the morning of July 19. News emerged early on July 19 that airports were facing issues with their IT systems, leading to to delays to flights from cities such as Berlin, Sydney, and Edinburgh. The problem appeared … Read more
Ukrainian and European mobile and fixed-line operators have extended the validity of the Joint Statement for another year, according to which Ukrainians abroad and Europeans in Ukraine can use affordable roaming services. This was reported by the National Commission for state regulation of electronic communications, radio frequency spectrum and provision of postal services. “Over the … Read more
President Volodymyr Zelensky signed on June 17 into law a bill on a single roaming system between Ukraine and the European Union. Ukraine’s parliament, the Verkhovna Rada, passed in late May the bill to fulfill one of the conditions for Ukraine’s European integration in the field of electronic communications. Talks on Ukraine’s accession to the … Read more
The parent company of the largest mobile operator in Ukraine, Kyivstar, VEON, on the eve of the recovery conference in Berlin, announced an increase in investment in Ukraine from the current $600 million to $1 billion over five years. “VEON, through its 100%-owned subsidiary Kyivstar, plans to increase its commitment to rebuild Ukraine’s digital infrastructure … Read more
Ukraine is making strides in digital communication by conducting its first 5G test calls, despite the ongoing war, Ukrainian Digital Transformation Minister Mykhailo Fedorov announced via Telegram on May 27. As the European Union targets full 5G coverage for all cities and major roads by 2025, Ukraine has joined nearly 100 other countries in testing … Read more
The largest Ukrainian mobile operator, Kyivstar, saw a 14.1% decrease in revenue to UAH 7.1 billion in January-March due to the implementation of a large loyalty program following an unprecedented cyber attack at the end of 2023, the operator’s press service reported on Thursday. “The company’s total revenue in the first quarter of 2024 decreased … Read more
French billionaire Xavier Niel’s investment company NJJ Capital is planning to acquire and merge two telecom businesses in Ukraine in what is set to be one of the largest acquisitions in the country’s history, bringing with it significant investment at a time when the war-torn country is struggling to attract foreign investors. In a joint … Read more
The Antimonopoly Committee of Ukraine (AMCU) has identified grounds for banning the acquisition of control over lifecell group by French billionaire Xavier Niel’s DVL Telecom, a member of NJJ group. In particular, the antitrust agency believes that it is necessary to check the relationship of control of lifecell itself and the parent company Turkcell with … Read more
The Cabinet of Ministers of Ukraine appealed to the National Bank of Ukraine (NBU) with a request to allow the sale of currency to large Ukrainian companies and holdings and its further transfer for settlements on eurobonds and with Western creditors. The corresponding applications for individual permits for cross-border transfers of currency values are formalized … Read more
The value of Turkcell’s subsidiaries sold in Ukraine – the third largest Ukrainian mobile operator, Lifecell LLC (lifecell brand), contact center outsourcing company Global Bilgi LLC and tower rental service provider Ukrtower LLC accounted for on the date of closing of the relevant sale transaction is $525 million, Turkcell said in a statement. “The final … Read more