Ukraine’s largest telecoms group Ukrtelecom has targeted new investments in its fixed broadband network totaling around UAH550 million (USD68 million), quadruple the total CAPEX budget of UAH135.4 million set for 2012, according to the telco’s acting head Igor Kravets, quoted by newspaper Comments.ua. Kravets said that Ukrtelecom hopes to attract a further 400,000 subscribers to its fixed broadband user base, which totaled 1.406 million at the end of March 2012 according to TeleGeography’s GlobalComms Database.
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OVETEL Ukrtelecom posts small profit in Q1, announces USD68 million broadband investment target
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