Ukrtelecom reduces workforce following privatisation

26 Apr 2011

Ukrainian incumbent PSTN operator Ukrtelecom, which recently completed its privatisation to Austrian private equity investors, has begun a process of large-scale redundancies, having already dismissed 4,400 employees in the first quarter of this year, local news source Kommersant reports. Owner Epic intends to further reduce expenses by closing loss-making services, including local fixed telephony in certain areas, and legacy services such as telegraph, it announced at a press conference.

Ukraine, Ukrtelecom (incl. TriMob),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share