State Property Fund has received official confirmation from Yeosu LLC, a subsidiary of the company avstriyskogoy EPIC, its intention to acquire 92.79% stake in Ukrtelecom at 10.575 billion hryvnia. MFI in October 2010 announced a competition for privatization of 92.79% stake in Ukrtelecom at a starting price of 10.5 billion, according to Interfax-Ukraine. On it was filed only one application - from Yeosu. In connection with this revaluation surplus was declared sold by the package. Appraiser Ukrtelecom - LLC Consulting firm "Ostrov" - determine the cost of government stake in the 10.575 billion EPIC unofficially reported willingness to pay that amount. The company's plans - to improve the position of Ukrtelecom on the market, so that in four or five years of profitable resell it or bring it to the IPO.
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