Ukraine's broadband revenues jump 65% in Q1

The total number of broadband internet subscribers in Ukraine has exceeded 1.05 million residential and corporate customers in the first quarter, up from 620,000 in the same quarter last year, according to a report by iKS-Consulting, quoted by Telecompaper.

Broadband market revenues in Ukraine jumped 65% to US$73 million (€46.49 million) in the first quarter, versus US$44 million (€28 million) in the same period last year.

The number of residential subscribers rose 75% year-on-year, to 860,000 equivalent to 5% of the population, up from 2.8% last year.

Fixed-line former monopoly Ukrtelecom leads in terms of subscribers, with a customer base of 250,000 users, up by 21% year-on-year. Volia Cabel is next with 200,000 clients, followed by Optima-Farlep which serves 85,000 residential and business subscribers.

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