Business news from Ukraine

GOVERNMENT CUTS RENT RATES FOR MOBILE COMMUNICATIONS TOWERS BY 55%, RELAXES TOWER INSTALLATION RULES

24 November , 2016  

KYIV. Nov 24 (Interfax-Ukraine) – The Ukrainian government has decreased the rent rate for state-owned property where mobile communications equipment will be installed from 40% to 18% and significantly relaxed the procedure for launching mobile communications towers.

“We want to ease the work of mobile operators in two spheres: changing the dissonance for how rent rates for state-owned premises are calculated for mobile towers. Sometimes rental of roofs was calculated as rental of offices. We have facilitated launching of easy-to-assemble towers that could be assembled in three days, while it takes ten times more time to receive permits for them,” First Deputy Economic Development and Trade Minister Maksym Nefyodov said.

He said that the decease of the rates would make rental of state-owned property more attractive and help to additionally raise some UAH 50 million a year. The relaxation of tower launch would shorten time to install them by at least one month. The operators would quicker expand 3G networks in the country.

According to Nefyodov’s presentation, technical telecommunications equipment would be removed from the list of construction facilities for which the preconstruction and construction works are approved in advance.