Fixed-line operator “Ukrtelecom” increased its net revenue by 3.5% in 2025 compared to 2024—to 4.16 billion UAH, according to the company’s separate annual report.
According to the report, other operating income last year grew 1.6 times compared to 2024—to UAH 1.20 billion, while the company’s total revenue for the year amounted to UAH 5.40 billion, which is 5% more than the year before last.
It is noted that operating profit (EBITDA) in 2025 grew by nearly 29%—to 1.20 billion UAH—although the company reported a net loss of approximately 365 million UAH for the year, due to the revaluation of the fair value of long-term accounts receivable.
According to the report, Ukrtelecom laid 4,500 km of fiber-optic cable in 2025, including in frontline settlements. The total length of the fiber-optic network reached nearly 93,000 km, serving 3.4 million households.
The number of connections to the fiber-optic network is growing across all segments, and the share of fiber-optic internet users exceeded 80% of the company’s total subscriber base of internet users, the document states.
It is noted that revenue from the provision of fiber-optic internet services for 2025 increased by 12%, and the NPS of Ukrtelecom’s new B2C fiber-optic customers as of the end of 2025 stands at nearly 75%.
In addition, as part of the “Optical Infrastructure Zone” (OIZ) program, a total of 70,700 Homepasses were built in 2025.
Reportedly, starting January 1, 2026, the company introduced a new speed standard for households connected to the GPON network nationwide—up to 1 Gbps. Thus, subscribers gained the ability to use gigabit internet regardless of their current tariff plan and “by default.”
It is noted that in 2025, Ukrtelecom paid nearly UAH 1.6 billion in taxes and fees to budgets at all levels, which is 17% more than in 2024.
The company’s assets as of the end of the year amounted to 13.82 billion UAH, which is 0.80 billion UAH more than at the beginning of the year.
The company also reported that current and long-term liabilities and provisions for 2025 decreased by 408 million UAH, while the volume of capital investments fell by 11% to 462 million UAH.
Among other significant events of the past year, the fixed-line operator highlighted the fact that it became the first Ukrainian company to join Connect Europe, an association of leading European electronic communications operators.
As for the main plans, these include scaling and modernizing the telecommunications network, building new modern fiber-optic networks, and modernizing the existing telecom network.
Other plans include the development of related and additional business areas, which include a partnership with YASNO: lead generation for solar power plant (SPP) installation projects, sales of “Smart Watt” and E-Mobility equipment, sales and leasing of IPv4 addresses, as well as the development of business processes and IT systems.
According to Fixygen, Ukrtelecom JSC will hold its annual general meeting of shareholders on April 30, 2026, via remote participation. The main agenda items include the approval of financial statements, financial results, and the development strategy.
Ukrtelecom is the largest fixed-line operator in Ukraine.
According to Opendatabot, the controlling stake (over 90%) is owned by SCM (System Capital Management), whose ultimate beneficiary is Rinat Akhmetov. The company remains a key player in the country’s telecom market.
According to unaudited financial statements, Ukrtelecom, the country’s largest fixed-line operator, increased its total revenue by 7% in 2025 compared to 2024, to UAH 5.2 billion, the company said in a statement.
“In 2025, we continued to invest in network stability: in optical infrastructure, energy independence, and cyber protection,” said Yuriy Kurmaz, CEO of Ukrtelecom, in the release.
It is noted that EBITDA in 2025 exceeded UAH 1.2 billion, which is 31% more than in the previous year, and EBITDA margin increased by 4.3 percentage points (pp) to 24%.
The operator emphasized that capital investments in 2025 amounted to about UAH 500 million and were directed toward the development of optical infrastructure and energy sustainability of the network. The company also transferred almost UAH 1.6 billion in taxes and fees to budgets of all levels over the past year.
According to the release, 4.5 thousand km of fiber-optic cable were laid during 2025, and the total length of the optical network reached almost 93 thousand km. As of the end of 2025, the company’s optical coverage covers 3.4 million Ukrainian households, and 1,400 medical and 1,900 educational institutions use modern optical services.
Ukrtelecom specified that by the beginning of 2026, the share of fiber optic internet users exceeded 80% of the operator’s total internet subscriber base, and revenue from providing fiber optic internet services grew by 12%.
The company added that on January 1, 2026, it introduced a new speed standard for households—up to 1 Gbit/s based on GPON.
Among other achievements last year, the operator highlighted more than UAH 550 million in revenue from commercial leases (excluding reimbursement of electricity, heat, and other utility costs), with leased properties totaling nearly 590,000 square meters.
It is noted that in 2025, the mobile operator TriMob, founded by Ukrtelecom, introduced LTE/4G mobile communication services.
“In 2025, Ukrtelecom became the first Ukrainian company to join Connect Europe, which brings together leading European operators,” the release also notes.
Ukrtelecom, Ukraine’s largest fixed-line operator, will introduce a new speed standard for its GPON optical network on January 1, 2026, increasing it to 1 Gbit/s for households regardless of their current tariff plan, according to a press release from the company.
“We want gigabit internet to become the new standard for Ukrainians, not a premium option. That is why we are increasing the speed to 1 Gbit/s for households on our GPON network at no extra charge,” said Igor Yaremchuk, commercial director of Ukrtelecom, in the release.
According to him, subscribers will not need to contact the contact center or service centers to set up the new standard.
At the same time, it is noted that in order to use gigabit speeds, subscribers need to have a router or Wi-Fi Mesh system with 1 Gbit/s support.
In January-September 2025, Ukrtelecom increased its revenue by 5.6% compared to the same period in 2024, to UAH 3.8 billion, and EBITDA by 6.6%, to UAH 906 million, including an 11.3% increase in revenue from fiber-optic Internet services.
The operator noted that in January-September 2025, more than 3,500 km of fiber-optic lines were laid, and in total, since the beginning of the full-scale invasion, more than 20,000 km of optics have been built, enabling 1.4 million households to connect to fiber-optic internet. In total, fiber-optic internet is currently available to over 3.3 million users.
Ukrtelecom, Ukraine’s largest fixed-line operator, increased its revenue by 5.6% in January-September 2025 compared to the same period in 2024, to UAH 3.8 billion, and its EBITDA by 6.6%, to UAH 906 million.
According to the company’s press release on Friday, revenue from fiber-optic internet services grew by 11.3%, and the share of subscribers using fiber-optic internet reached 80%.
The operator added that in January-September 2025, more than 3.5 thousand km of fiber-optic lines were laid, and in total, since the beginning of the full-scale invasion, more than 20 thousand km of optics have been built, which has enabled 1.4 million households to connect to fiber-optic internet. In total, fiber-optic internet is currently available to over 3.3 million users.
Ukrtelecom specified that this year, over 90 medical and nearly 160 educational institutions were also connected to fiber-optic internet, increasing their total number to over 1,360 and about 1,860, respectively.
It is noted that the company’s commercial rental income for the third quarter of 2025 exceeded UAH 400 million, while last year this figure was UAH 325 million.
In the first nine months of 2025, Ukrtelecom paid UAH 1.175 billion in taxes and fees to the budget, which is more than 17% better than the same indicator last year.
As reported, in January-June 2025, Ukrtelecom received total revenue of almost UAH 2.47 billion, which is approximately 7.4% higher than in the same period of 2024, while EBITDA decreased by approximately 12.9% to over UAH 540 million.
Ukrtelecom, Ukraine’s largest fixed-line operator, reported total revenue of nearly UAH 2.47 billion for January-June 2025, up approximately 7.4% from the same period in 2024 (nearly UAH 2.3 billion), the company said on Friday.
According to its release, EBITDA for the first six months of this year amounted to over UAH 540 million, compared to approximately UAH 620 million for the first six months of last year, i.e., a decrease of approximately 12.9%, while EBITDA margin fell to 22.1% from 27%.
It is noted that in January-June this year, over UAH 785 million in taxes and fees were paid to budgets of all levels, compared to over UAH 660 million for the same period last year.
According to the release, Ukrtelecom increased its revenue from optical Internet services by 10.5% in the first half of this year.
This was achieved due to a 17.6% increase in the number of new fiber-optic subscribers in the mass B2C segment and a 10% increase in the business segment (large enterprises and SMEs) compared to the same period last year.
It is also noted that since the beginning of the year, more than 2,000 km of fiber-optic lines have been laid, and more than 60 medical and nearly 100 educational institutions have been connected to fiber-optic internet, while in the first half of 2024, these figures were approximately 50 and more than 70, respectively. As of the end of the first half of 2025, the company’s optical network covers more than 1,350 medical and over 1,800 educational institutions.
According to the company, the loyalty level of new optical subscribers of Ukrtelecom (NPS – Net Promoter Score) in January-June was 67%.
In addition, Ukrtelecom emphasized that revenues from commercial leases in the first half of 2025 exceeded UAH 260 million, which is 23.8% more than in the first half of 2024.
Ukrtelecom CEO Yuriy Kurmaz also noted among the achievements of the first half of the year the company’s entry into the Connect Europe association, which brings together leaders in the telecom industry in Europe.
As reported, in January-March 2025, the company increased its revenue by 3.5% compared to the same period in 2024, to UAH 1.17 billion, while EBITDA in the first quarter of this year fell by 41.1%, to UAH 162 million. Thus, in the second quarter, the company increased its revenue by approximately 11.1% to UAH 1.3 billion, and EBITDA by 9.6% to UAH 378 million.
