17:29 30.04.2015

Ukrtelecom's net loss soars by 3.3 times in Q1

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Ukrtelecom's net loss soars by 3.3 times in Q1

Public joint-stock company Ukrtelecom's net loss soared by 3.3 times in January-March 2015, to UAH 165.540 million, the company reported in the National Securities and the Stock Market Commission's information disclosure system

During this period, company's net revenue rose by 2.7%, to UAH 1.647 billion.

Ukrtelecom is the largest fixed communications operator in Ukraine and develops 3G mobile communications. Rinat Akhmetov's SCM holding is the beneficial owner of Ukrtelecom.

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