Austrian investment firm Epic has clarified reports of an ownership structure change at Ukrainian telco Ukrtelecom by disclosing that it is the 100% owner of new holding company UA Telecominvest (Cyprus), which on 16 January 2013 acquired 100% of the capital of Epic Services Ukraine (ESU) from the previous holding firm Epic Telecom Invest (Cyprus); therefore the Austrian investor remains the sole controller of ESU’s 92.79% stake in Ukrtelecom. As reported by Interfax-Ukraine, Epic stated that the change in shareholding structure was due to it optimising its holdings for ‘technical reasons’.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors