Business news from Ukraine

LARGEST UKRAINIAN MOBILE COMMUNICATIONS OPERATOR KYIVSTAR DENIES COMPLAINTS AGAINST 4G TENDER

19 April , 2018  

The 4G communications tender for the 1800 MHz band on March 6 was held honestly, professionally and openly, fully in line with the Ukrainian legislation, President of the largest Ukrainian mobile communications operator Kyivstar Petro Chernyshov has said. “We are thankful for support of authorities in holding the successful tender, in particular, the president of Ukraine. I regret about my previous comments. I had no intention to criticize the tender process,” he said in a statement published on Wednesday.
Earlier on Wednesday, an interview of on March 6 was published. He criticized the fact that Ukrainian President Petro Poroshenko spoke at the tender between the session for the second and third lots.
In the new statement, the Kyivstar president pointed out concerted efforts of all power institutions, the regulator and the government during the entire period of preparations and holding the 4G tenders for 1800 MHz and 2600 MHz to make them successful.
Chernyshov recalled that the company invested over UAH 14 billion in the development of new technologies in Ukraine and seeks to expand its presence in the sphere, in particular, to install over 600 additional towers in 2018 to expand the 4G coverage territory on the major part of Ukraine, including in rural areas.
Kyivstar highly appreciates the potential of 4G development in Ukraine and believes that access to new technologies became possible thanks to the holding of the successful and transparent 4G tender for radio frequencies.

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