J&Y LLC (Zaporizhzhia), which is engaged in restoring communications in affected and de-occupied territories, invested 67.04 million in the first half of 2025 in the purchase of components for the mobile network core, according to a report by the National Commission for the Regulation of Electronic Communications and Postal Services (NCRC) on its website.
According to the regulator, in the first half of 2024, the company invested UAH 25.1 million in telecommunications, but at that time, the report did not provide additional details on how the funds would be used.
On its official website, J&Y stated that it is implementing 3G and 4G technologies to restore communications in de-occupied territories. The company announced the restoration of more than 10,000 km of networks in de-occupied territories and the provision of communications to more than 1 million people.
In addition, according to its information, more than 700 base stations have been modernized to support 4G communications, and the construction of more than 2,350 base stations is planned.
The website also states that the company is the official distributor of MikroTik/RouterBOARD products in Ukraine.
The Work.ua job portal states that the company has vacancies for an electrical communications engineer and a fiber optic cable installer in Zaporizhia, and for an occupational safety engineer, recruiter, and procurement specialist in Kyiv, with salaries ranging from 30,000 to 50,000 hryvnia. According to information from the regulator, in January-June of this year, the company employed an average of 64 people in the telecommunications sector.
According to the NCC, in the first half of this year, J& Y received UAH 2.39 million in revenue from the provision of telecommunications services, of which UAH 2.26 million came from services using communication lines with a speed of at least 2 Mbit/s, amounting to UAH 2.26 million. By the middle of the year, it had 1,200 lines (points) of fixed access to the Internet.
According to YouControl, the founders of J&Y are Alina Gorbunova with a 36% stake and Irina Srebrodolska and Valery Edelev with 32% stakes each. At the end of last year, the company’s unfinished capital investments amounted to UAH 237.8 million, while net income from the sale of services last year amounted to UAH 5.6 million.
According to the NCC, as of the middle of the first half of this year, there were three major operators providing 3G and 4G communication services in Ukraine: Kyivstar, Vodafone Ukraine, and lifecell, with revenues of UAH 12.17 billion, UAH 9.55 billion, and UAH 4.52 billion, respectively.
In addition, TriMob LLC reported small revenues from the provision of 3G and 4G services – UAH 4 million, and Laikamobile Ukraine – UAH 1.5 million, while at International Telecommunications LLC and Telesystems of Ukraine PJSC, they amounted to less than UAH 10,000.
