April 19, 2007Ukrtelecom – a Delicate Game
This report presents coverage of the most recent trends affecting Ukrtelecom, which was analyzed in our “3rd Gen Mobile: UTEL – the Hard Sell”. Declining fixed-line traffic, inability to meet its first quarter 3G development plans, and uncertainty with privatization make Ukrtelecom a delicate stock to play. On the brighter side, the company plans to significantly increase its internet, data, and channel rent revenues in 2007-2010 and to become a leading player on the mobile communications market. The future will show whether such optimism is warranted.