Wednesday, December 21, 2011

Price Ukrtelecom called biased

The price of 1.3 billion dollars for Ukrtelecom difficult to recognize the objective. About this prishet "Mirror of the week. Ukraine. Understand the weight of 1.31 billion dollars can be compared, emphasizes edition. Public Telecommunications Company of Georgia was sold for just $ 5 million Cause: The need for rapid attract investors in a dilapidated industry, fast access to advanced technologies, the need to repay the debts that the State was unable to pay, lack of adequate regulatory framework. Opposite. TDS Telecommunications Company in Denmark, a country with a population of 5.5 million people - in 2005, was privatized for $ 14 billion newspaper reminds that Ukrtelecom owns a prestigious central districts of Kiev, at least seven major high-rise administrative complexes with a total area of ??tens of thousand square meters. Owns dozens of acres of land across the country, hundreds of real estate. At the company's balance sheet appear 24 resorts near Kiev, near Odessa, in the most delicious places to developers. The paper also recalls that the estimated turnover of the telecom market in Ukraine up to 2010 is 45 billion USD. And despite all the crises, communication services continue rapid growth: projected market growth of 10-20% will remain for at least the next decade. Ukrtelecom on the market occupies a key position. "Yes, fixed line connection, which controls 89% of Ukrtelecom, it has lost the prospect of a segment. Yes, Ukrtelecom does not own its mobile network. But the communication of the future will be based on the Internet. And here Ukrtelecom in a unique position. It - backbone links, which runs under all cities and most towns of Ukraine. Thousands of kilometers of roads lie under the ground, and inside them stuffing - bundle of cables, over which the data transfer. Broadband Internet access via a mobile operator's station, an order of magnitude lower than it could transfer data over fiber cable. It will take a few years, and television, telephony, government services, payment systems, business processing - it will all be tied to a greater extent on the fiber optic network. He who controls the network dictates the rules of the game in the telecom market "- indicates the author article. As we know, February 18, the State Property Fund has received from the company ESU written consent to purchase stake in Ukrtelecom size 92.79% of the share capital of the company at a price of 10 billion 575.1 million UAH. Also, the potential buyer had expressed the intention to invest in the development of the company 450 million UAH. within 5 years after its acquisition. Ministry of Industry

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