Ukraine is planning to put a 92.79% stake in Ukrtelecom up for sale in August, according to local press reports.
The privatisation of the telecoms incumbent has been expected for many years, but the political environment has so far prevented any…
Ukraine is planning to put a 92.79% stake in Ukrtelecom up for sale in August, according to local press reports.
The privatisation of the telecoms incumbent has been expected for many years, but the political environment has so far prevented any transaction from taking place.
Ukrtelecom was the only operator to receive a 3G licence in 2005, doing so without an auction, which caused anger among privately-owned mobile operators Astelit, MTS Ukraine, URS and Kyivstar. It is widely believed that the Ukrainian authorities are reluctant to grant other mobile operators a 3G licence because Ukrtelecom received its licence with a view to dressing it up for privatisation.