Ukrtelecom’s total income in the first half of 2021 amounted to UAH 3.4 billion (more than 10% more than in the same period in 2020), and Internet income exceeded UAH 1 billion (more by 7.4%), the company’s press service has said on Monday.
Ukrtelecom’s EBITDA in the first six months amounted to UAH 1.1 billion (an increase of 29%). EBITDA margin increased by 4.5 percentage points (p.p.), to 31.3%.
It is noted that for the specified period, the company’s telecommunications services income amounted to almost UAH 2.4 billion. Private subscribers were provided with services for almost UAH 1.5 billion, and business consumers – for UAH 692 million. The fixed optical Internet user base grew by 83%, to 203,000 subscribers.
In the business segment, Internet income increased by 10.2%, to UAH 226 million, and in the mass segment – by 6.6%, to UAH 786 million.
Ukrtelecom notes that the connection of small towns and villages to high-speed optical Internet continues. Currently, work is underway in almost 150 settlements, where more than 4,500 km of fiber-optic cable have been laid.
“Throughout the country, 850 medical and 1,250 educational institutions, as well as 380 territorial communities are already using optical Internet from Ukrtelecom. Of these, 156 medical and 233 educational institutions, 21 territorial communities have been connected this year. Ukrtelecom is awaiting the announcement of tenders by local communities to participate in the Ministry of Digital Transformation’s program to provide modern optical Internet for social infrastructure and rural population,” the company said.
According to it, in January-June 2021, income related to asset management also increased, in particular, from receipts from commercial lease of property not involved in production processes. It amounted to more than UAH 213 million, which is almost 41% more than in the same period last year.
In addition, the operator has launched a three-year fleet renewal program, which provides for the replacement of more than 1,300 vehicles used in production activities, including for disaster recovery teams, deploying fiber-optic networks, connecting and servicing subscribers.
Capital investments in the first half of 2021 amounted to almost UAH 310 million.
“The problem remains with the debt of local budgets to reimburse the company’s expenses for telecommunications services provided to citizens entitled to benefits. As of June 30, this figure exceeds UAH 124 million,” the company said.
In 2021, Ukrtelecom has already paid UAH 975 million in taxes to the budgets of all levels.
