“Ukrtelecom,” the country’s largest fixed-line operator, increased its total revenue by 12.6% in the first half of 2026 compared to the same period last year—to 2.78 billion UAH, while EBITDA rose by 50% to exceed 810 million UAH, according to a company press release on Friday.
“As it has throughout the full-scale war, Ukrtelecom continues to implement its strategic approach: not merely to restore damaged networks, but to replace outdated infrastructure with modern telecom and IT equipment to implement a new optical telecom architecture and a modern IT landscape for the company,” emphasized Yuriy Kurmaz, CEO of Ukrtelecom, in the press release.
According to him, as of today, the company has over 95,000 km of fiber-optic network and is continuing a large-scale modernization of its infrastructure across the country.
It is noted that the EBITDA margin has risen to more than 29%.
The number of new connections in the residential segment increased by 81% compared to the same period last year, while the figure for small and medium-sized businesses rose by 17%.
Ukrtelecom specified that, as of the end of the first half of 2026, 1,400 medical facilities and 2,000 educational institutions were connected to the fiber-optic network. Meanwhile, revenue from fiber-optic internet services in the first half of 2026 increased by 12.5% compared to the same period last year.
Among other things, the fixed-line operator reported that revenue from commercial leases for the first six months of 2026 exceeded 320 million UAH, representing growth of more than 20% compared to the same period in 2025.
The company added that, according to survey results, the net promoter score (NPS) for new fiber-optic subscribers of the fixed-line operator in the first half of 2026 was more than 70%.
Separately, the CEO of Ukrtelecom noted that the company is simultaneously building fiber-optic networks while restoring and modernizing infrastructure damaged by hostilities in frontline regions of the Kharkiv, Sumy, Kherson, Mykolaiv, and Dnipropetrovsk regions, as well as other regions of Ukraine.
It is noted that in the first half of 2026, the company paid nearly 800 million UAH in taxes and fees to budgets at all levels.
The fixed-line operator is expected to continue investing in the development of telecommunications infrastructure.
In January–March 2026, Ukrtelecom reported a consolidated net profit of 15.46 million UAH, compared to a net loss of 652.95 million UAH for the same period in 2025.
As previously reported, in 2025, Ukrtelecom increased its consolidated net loss by 24.6% compared to 2025—to 294.87 million UAH—while its net revenue grew by 3.2%—to 4.27 billion UAH.
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.
