Ukainian telecoms incumbent Ukrtelecom is to decide on the buyer of its mobile unit Utel after 25 November, the Kyiv Post reports.
Board chairman Heorthiy Dzekon was quoted saying that second round bids are due from 22 to 25 November, after which a…
Ukainian telecoms incumbent Ukrtelecom is to decide on the buyer of its mobile unit Utel after 25 November, the Kyiv Post reports.
Board chairman Heorthiy Dzekon was quoted saying that second round bids are due from 22 to 25 November, after which a decision will be made.
Ukrtelecom launched the sale of Utel in September. It was expected to transfer its mobile unit in a new separate entity called TriMob earlier this year, but Dzekon reportedly said that this had not been completed yet. But he reportedly said that the value of assets to be transferred is Hr736.624m (US$92m).
Utel was the only operator to receive a 3G licence in 2005 and since then rival mobile providers Astelit, MTS Ukraine and Kyivstar have sought to acquire 3G licences, but without success. It started offering 3G services in 2007 and reportedly had 700,000 subscribers in September.
The privatisation of Ukrtelecom was finalised on May 11, with EPIC Services Ukraine buying a 92.79% stake for Hr10.575bn (US$1.3bn).
Ukrtelecom was not immediately available for comments.
