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Company type | Joint stock company |
---|---|
PFTS: UTLM | |
Industry | Telecommunications |
Founded | 19 August 1991 |
Headquarters | , |
Key people | Alexander Barinov (Chairman) Yuri Kurmaz (Director)[1] |
₴6.8 billion (2015)[2] | |
₴6.7 billion (2010)[3] | |
Number of employees | 123,102 (2006) |
Parent | System Capital Management |
Subsidiaries | Utel |
Website | ukrtelecom |
Ukrtelecom JSC (Ukrainian: Укртелеком) (PFTS: UTLM) is Ukraine's monopolist telephone company, also active in the ISP and mobile markets. The company was governed by the Ministry of Transportation and Communications of Ukraine with 92.9% shares belonging to the government until Austrian investment firm EPIC bought a 92.79 percent stake from the Ukrainian government for $1.3 billion.[4][when?] This stake was resold to System Capital Management of Ukrainian oligarch Rinat Akhmetov.[5]
Ukrtelecom participates in ITUR, TEL/ТАЕ, and BSFOCS international cable systems. Until 1994, the company was known as Ukrelectrozvyazok (Ukrainian: Укрелектрозв'язок).[6]