€12m fibre network expansion takes place in Ukraine
The Ukraine is set to benefit from improved broadband thanks to a €12m investment.
Ukrainian operator JSC Ukrtelecom is partnering with Iskratel to expand the country’s fibre optic network under a three-year programme, financed by both companies and their financial partners.
The upgraded network will provide more than 300 locations in various Ukrainian regions with gigabit-capable connectivity. The passive optical network (PON) technology will potentially offer connectivity to 1.3 million people and 530,000 homes.
Yuriy Kurmaz, CEO at Ukrtelecom said: ‘Ukrtelecom is a nationwide telecommunications company with the largest geographical coverage and we continue in our mission of bridging the digital divide across Ukraine. Working with Iskratel will boost our contribution to the development of Internet access.’
Added Željko Puljic, CEO at Iskratel: ‘The joint program is playing an increasingly important role in the rollout of broadband Internet in Ukraine. This collaboration continues the long-term partnership between our two companies in the development of fibre-optical access in the country that now amounts to €25m.’