KYIV. Feb 14 (Interfax-Ukraine) – Vega Telecommunications Group in 2016 increased EBITDA to UAH 144.7 million, which is 49% more than the result in 2015.
According to a company press release, its consolidated income remained at the level of 2015 and amounted to UAH 614.1 million.
At the same time, operating income in 2016, compared with the previous year, more than tripled and amounted to UAH 43.5 million.
“In 2016 Vega increased capital investment by 42% in comparison with 2015, the amount of which reached UAH 107.5 million,” the report says.
The company specified these funds were spent on technical modernization and the development of its own network. In particular, during the year the first phase of construction of its own backbone DWDM network was completed and 70 new Internet zones using FTTx and GEPON technologies were created.
Vega Telecommunications Group offers comprehensive solutions in the field of fixed telephony, broadband access to the Internet and data transmission. It is part of the telecommunications business of SCM Group. Today Vega is present in 159 cities and settlements of 22 regions of Ukraine.
