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Ukrtelecom reported for 2023 and announced further investments in network development FTTH/P using GPON technology. We selected the main thing from the report of one of the largest Ukrainian fixed Internet providers.
Main numbers
- Ukrtelecom received income of more than UAH 5 billion in 2023, which is 10% less than in 2022 (UAH 5.6 billion). EBITDA
Operating profit excluding interest on loans, taxes, depreciation and amortization – more than UAH 1 billion (versus UAH 975 million. At the same time, EBITDA margin for the year increased from 23.3% to 28%.
- EBITDA – more than 1 billion UAH versus more than 1.2 billion UAH in 2022. EBITDA margin for the year also decreased slightly – from 22.4% to 21.1%.
- Capital investments in 2023 reached almost 500 million UAH – against more than 530 million UAH in 2022.
- Income from commercial rental real estate, freed up thanks to network modernization, increased by almost 35% until 2022 – and reached more than 500 million UAH.
- During the year, Ukrtelecom paid more than 1.35 billion UAH in taxes and fees to budgets of all levels, and since the beginning of the invasion it has allocated more than 210 million UAH to the needs of the Armed Forces of Ukraine (almost 400 Ukrtelecom employees are now defending Ukrainian soil).
- The Russians destroyed/damaged about 260 buildings, equipment and other infrastructure, causing damage amounting to UAH 700 million (preliminary estimate). The total destructive consequences of Russian aggression for Ukrtelecom reach UAH 2.8 billion, which is mainly due to the economic depreciation of operating assets.
Restoration of communications and development of “optics”
- Ukrtelecom provides Internet services to almost 90% of Ukrainian settlements covered by the operator’s network at the beginning of the full-scale Russian invasion.
- During 2023, 20 million UAH were allocated for the restoration of infrastructure, which made it possible to restore almost 430 km of optical lines and 16 km of copper communication lines, the functioning of 10 regional communication centers.
- In 2023, Ukrtelecom specialists laid another almost 5.3 thousand km of fiber-optic cable – 11 thousand km of optical lines during a full-scale war. By the end of 2023, more than 2 million more households in all regions of the country received the opportunity to connect to high-speed optical Internet.
- In 2023, Ukrtelecom increased the number of optical subscribers by another 15% (somewhere to more than 340-350 thousand), which ensured growth revenues in this segment by 18%. Over the course of the year, more than 150 medical and 185 educational institutions connected to the optical infrastructure of Ukrtelecom – in general, there are now more than 1250 of these and almost 1700 throughout Ukraine.
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