Istil Telecom Ukraine to channel USD 50mn in development.

By bne IntelliNews November 7, 2011
The Istil Telecom Ukraine (Kyiv) intends to invest USD 50mn in development of pay satellite television by 2015, company director, Jim Phillipoff, announced. Phillipoff added that the market was ready to accept the services of pay satellite television. Istil Group runs a production studio, Kyiv Post weekly published in English and the Kinopanorama cinema (Kyiv), a factory for recycling mine waste, Monolith Ukraine (Luhansk region). It prepares for opening Rialto business centres in Kyiv, Donetsk and Odesa. The Istil Telecom Ukraine limited liability company is part of Istil Group.

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