Ukraine’s Ukrtelecom revenues recover

www.WirelessFederation.com/news: Total consolidated revenues of UAH8.138 billion (USD1.035 billion) for full-year 2009 has been posted by Ukrtelecom, Ukraine’s national PTO and 3G mobile operator. The revenue is up from a reported UAH7.890 billion in 2008, and reversing the previous 2% year-on-year fall.

The net loss of the company narrowed from a whopping UAH1.528 billion in 2008 to UAH456 million last year.

The operating loss narrowed to UAH36 million in 2009, compared to UAH128 million the year before for the fixed line, broadband and cellular provider.

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