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.

Related Articles

Metro Ukraine raises sales by 11% y/y to EUR 877mn in 2012.

In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more

NBU: Gross external debt of Ukraine up 2% q/q in Q4/2012

The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more

EC makes new recommendations for Ukraine.

The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more