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Ukrtelecom
Ukrtelecom JSC (Ukrainian: Укртелеком) (PFTS: UTLM) is Ukraine's monopolist telephone company, also active in the ISP and mobile markets. The company was governed by the Ministry of Transportation and Communications of Ukraine with 92.9% shares belonging to the government until Austrian investment firm EPIC bought a 92.79 percent stake from the Ukrainian government for $1.3 billion.[when?] This stake was resold to System Capital Management of Ukrainian oligarch Rinat Akhmetov.
Ukrtelecom participates in ITUR, TEL/ТАЕ, and BSFOCS international cable systems. Until 1994 the company was known as Ukrelectrozvyazok (Ukrainian: Укрелектрозв'язок).
The company was created from the Soviet network of communication only in 1993, however, the network itself came under the jurisdiction of the Ministry of Communications in 1991 after the dissolution of the Soviet Union. According to the company's history, the phone-telegraph communication network in Ukraine before 1991 was only sixth within the Soviet Union and was noticeably backward. All communications outside the Soviet Union was conducted through the Moscow's headquarters. In 1991 there were 7,630 thousands numbers listed, averaging 14.6 numbers for 100 residents.
In 1993 the government confirmed the complex program for creation of the single national system of communication in Ukraine. For the purpose of more effective managing of the industry, it was fully reorganized. Based on the government enterprises two main industrial unions were created: Ukrposhta and Ukrelektrozviazok. The latter was changed in 1994 to Ukrtelekom.
Ukrtelekom upon its creation consisted of seven enterprises and organizations: Ukrtek (Ukrainian enterprise of international and intercity communication and television), Kyiv telegraph, Kyiv city radio broadcasting network, Center of informational technologies, State Institutes "Ukrzviazokproekt", "Dniprozviazok", "Zakarpattelekom".
In January 1995 to Ukrtelekom were merged other 22 oblast networks as well as the Crimean republican and Sevastopol city communication enterprises. And by the end of the year "Ukrzviazoksuputnyk" was also added to the union. By January 1996 the union absorbed the last enterprise "Dniportelekom".
The union, however, was not as effective as it was thought it should have been and in 1998 Ukrtelekom was restructured to form a single entity out of the union of some 35 state enterprises. By the end of 1999 all the enterprises were reformed into stock associates of the Ukrtelekom company.
In 2009, Ukrtelecom introduced a new logo for the first time in 18 years since 1991, and were at the same time changing its corporate identity. It was reported that the rebranding cost an estimated $100,000 and was ordered in Britain.
Ukrtelecom
Ukrtelecom JSC (Ukrainian: Укртелеком) (PFTS: UTLM) is Ukraine's monopolist telephone company, also active in the ISP and mobile markets. The company was governed by the Ministry of Transportation and Communications of Ukraine with 92.9% shares belonging to the government until Austrian investment firm EPIC bought a 92.79 percent stake from the Ukrainian government for $1.3 billion.[when?] This stake was resold to System Capital Management of Ukrainian oligarch Rinat Akhmetov.
Ukrtelecom participates in ITUR, TEL/ТАЕ, and BSFOCS international cable systems. Until 1994 the company was known as Ukrelectrozvyazok (Ukrainian: Укрелектрозв'язок).
The company was created from the Soviet network of communication only in 1993, however, the network itself came under the jurisdiction of the Ministry of Communications in 1991 after the dissolution of the Soviet Union. According to the company's history, the phone-telegraph communication network in Ukraine before 1991 was only sixth within the Soviet Union and was noticeably backward. All communications outside the Soviet Union was conducted through the Moscow's headquarters. In 1991 there were 7,630 thousands numbers listed, averaging 14.6 numbers for 100 residents.
In 1993 the government confirmed the complex program for creation of the single national system of communication in Ukraine. For the purpose of more effective managing of the industry, it was fully reorganized. Based on the government enterprises two main industrial unions were created: Ukrposhta and Ukrelektrozviazok. The latter was changed in 1994 to Ukrtelekom.
Ukrtelekom upon its creation consisted of seven enterprises and organizations: Ukrtek (Ukrainian enterprise of international and intercity communication and television), Kyiv telegraph, Kyiv city radio broadcasting network, Center of informational technologies, State Institutes "Ukrzviazokproekt", "Dniprozviazok", "Zakarpattelekom".
In January 1995 to Ukrtelekom were merged other 22 oblast networks as well as the Crimean republican and Sevastopol city communication enterprises. And by the end of the year "Ukrzviazoksuputnyk" was also added to the union. By January 1996 the union absorbed the last enterprise "Dniportelekom".
The union, however, was not as effective as it was thought it should have been and in 1998 Ukrtelekom was restructured to form a single entity out of the union of some 35 state enterprises. By the end of 1999 all the enterprises were reformed into stock associates of the Ukrtelekom company.
In 2009, Ukrtelecom introduced a new logo for the first time in 18 years since 1991, and were at the same time changing its corporate identity. It was reported that the rebranding cost an estimated $100,000 and was ordered in Britain.