Ukrtelecom

Ukrtelecom Ukraine’s state-owned local telecom services monopoly and is currently in the process of privatization. The company is the country’s No 1 fixed-line provider, serving about 10.2 mln lines and has a market share of more than 80%. It is also the No 1 broadband internet service provider, with 1.1 mln users, or about 30% of the market. Ukrtelecom is the sole UMTS license holder in Ukraine and serves nearly 0.6 mln 3G subscribers. The stock is listed on local exchanges and there is a GDR program.