Vodafone-Ukraine to raise up to $500 mln of external financing for development

The shareholders of PrJSC VF Ukraine (provides mobile services under the Vodafone-Ukraine brand) on January 20 decided to provide prior consent to raising funds of up to $1 billion, but the company plans to gradually raise up to $500 million from external sources for the implementation of the development strategy, the operator’s press service has … Read more

MTS selling Ukrainian business for $734 mln

PJSC MTS, Russia’s leading mobile provider is selling its telecommunications business in Ukraine, which operates under the Vodafone brand, to an Azerbaijani provider, and the Russian company’s shareholders will receive special dividends as a result of the deal. MTS said in a press release that it has signed a legally binding agreement with Telco Solutions … Read more

Kyivstar sees 33.1% rise in EBIDTA, 18.3% growth of revenue in Q3 2019

JSC Kyivstar, the mobile communications operator, in July-September 2019 increased general income by 18.3% year-over-year, to UAH 5.828 billion, the company’s press service reported on Monday, referring to its quarterly financial statements. The press service said that over the period Kyivstar increased earnings before interest, taxes, depreciation and amortization (EBITDA) by 33.1%, to UAH 3.772 … Read more

Fozzy Group uses Vodafone BigData tool to choose perfect location of new stores

Fozzy Group applied BigData provided by Vodafone Ukraine mobile operator for planning and development of its retail network, reads a joint press release of two companies. Analysts at the Fozzy Group received accurate data on a high-quality portrait of an audience that visit stores allowing to divide the flow of people into those, who live, … Read more

Mobile operator lifecell sees 41.8% rise in net loss, revenue – 16.1% up in Q2

The mobile communications operator lifecell in April-June 2019 saw a rise of 41.8% in net loss year-over-year, to UAH 293.2 million. According to financial report posted on its official website, lifecell’s revenue grew by 16.1%, to UAH 1.48 billion. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 41.7%, to UAH 798.8 million. EBITDA … Read more

Kyivstar raises EBITDA by 46.8%, revenue by 24.4% in Q2, 2019

JSC Kyivstar mobile operator in April-June 2019 increased its total revenue by 24.4% compared to the same period in 2018, to UAH 5.624 billion, the company’s press service has reported with reference to the quarterly report. According to the report, over the specified period Kyivstar increased its EBITDA by 46.8%, to UAH 3.656 billion, thereby … Read more

Competition agency recommends Big Three mobile communications operators to quit four-week billing tariffs

The Antimonopoly Committee of Ukraine has said in recommendations to mobile communications operators Kyivstar, Vodafone Ukraine and lifecell that setting the 28 day billing period for tariffs has signs of violation of the legislation on protection from unfair competition, Government Plenipotentiary of the Antimonopoly Committee of Ukraine Maria Protsyshen said on her Facebook page on … Read more

Kyivstar plans to provide access to 4G for 75% of Ukrainian population in 2019

The Kyivstar mobile communications operator plans in 2019 to expand the 4G (LTE) mobile communication network, covering the territory of Ukraine where 75% of Ukrainian population lives, President of Kyivstar Alexander Komarov told reporters in Lviv on Saturday. “We invest a lot in expanding coverage, but we invest even more in coverage capacity in order … Read more

Ukrainian mobile communications market first in six year to grow higher than inflation in 2019

The mobile communications market in Ukraine first since 2014 could show positive growth of revenue in 2019 adjusted to inflation, President of Kyivstar mobile communications operator Alexander Komarov told reporters in Lviv on Saturday. “In 2019, for the first time since 2014, we will be able to show positive growth with an adjustment to inflation. … Read more