13 November, 2012 - 00:00
Ukrtelekom (Ukrainian Telecommunications) is expected to invest over Hr 500 million in Ukrainian telecommunications this year. Hr 317 million will be channeled to the construction of one such network with a 360,000 port capacity, plus about Hr 190 mil. in an optical fiber communication project. Another Hr 10 mil. will be placed in satellite communications and Hr 12 mil. in trunk and pager systems. Interfax-Ukraine reports that Ukrtelekom received Hr 123 mil. bottom-line profit in the first quarter, of which Hr 35 mil. went to the state budget as company income tax and Hr 60.5 mil. to develop production.
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