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The court returned “Ukrtelecom” to the state

Суд вернул «Укртелеком» в госсобственность“ESU” will challenge this decision.

October 19, Kyiv Economic court satisfied the claim of the state property Fund and decided to break with “ESU” an inmate in 2011, according to the results of the privatization tender contract of purchase and sale of 92,79% of Ukrtelecom.

“ESU” does not agree with the trial court’s decision and has promised to challenge the decision in appellate court. There are counting on “a reasonable compromise on the implementation of the privatization obligations.”

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The company added that the decision of economic court will not impact on the operations of the “Ukrtelecom” and on its plans to upgrade the network.

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