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EPIC: Acquisition of Ukrainian Telekom is arranged

Published: March 12, 2011; 03:13 · (Vindobona)

The purchase of the Ukrainian Telekom company by the Viennese financial investor EPIC has been completed. The purchase price is € 946m.

EPIC: Acquisition of Ukrainian Telekom is arranged / Picture: © Flickr

With the acquisition of UkrTelekom for € 946m, 92.79% of the largest Ukrainian telecommunications company is owned by the financial investor EPIC. Ukrtelekom is however considered a restructuring case.

The company employs 80,000 people and posted sales for € 730m last year, after € 740 in 2009. Ukrtelekom operates exclusively in the field of fixed telecommunications -…

This article includes a total of 130 words.

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