IT infrastructure

Ukraine attains mediocre global Internet speed ranking

Ukraine has second-rate internet speed, according to the annual Worldwide Broadband Speed League ranking published by British consumer telecoms analyst Cable.co.uk on July 10. Ukraine placed 58th out of 200 countries regarding the speed of its internet, with Greece one place ahead and Cyprus one behind. That’s four positions lower than in 2017. Ukraine’s regional peers of Russia, …

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Ukrainian government approves digital economy strategy for Ukraine

On January 17, the Ukrainian government presented a roadmap for developing digital economy and society in Ukraine in the upcoming years (2018-2020). According to the six-page presentation (in Ukrainian), the new strategy envisions a transition from a resource-based economy to high-tech production with efficient processes and higher GDP growth through the introduction of ICT.

Digital usage in Ukraine among the highest in the western world, says ATKearney report

In a major consumer survey, ATKearney shows that the use of digital offers across Ukraine does not lag behind the US and Europe at all – Ukraine is even among the top countries investigated. “In distinction to many countries in Europe, Ukrainians appreciate quality although their ability to pay is hampered by the ongoing crisis,” …

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2,000 TMT professionals from across Europe gathered in Kyiv to discuss industry issues and prospects

Earlier this month, TIM Ukraine 2015: Telecom, IT, Media, a two-day international conference, expo and meetup, was held at the exhibition center Acco International in Kyiv (Kiev). The event brought together 2,000 industry professionals (top managers, owners, investors, CTOs and CIOs) from 117 companies representing 9 countries. These included Belarus, France, Germany, Georgia, Israel, Luxembourg, …

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Russia’s Imperious Group injects $250,000 in Ukrainian startup Multitest to conquer Western markets

In a new illustration of the maintained interest of several Russian funds in Ukrainian startups, Imperious Group has invested $250,000 in Multitest, a Kiyv (Kiev) -based startup that helps Internet users choose their ISP. The funds will be used to redesign the platform and penetrate new markets. The startup’s founder Artem Beloded is considering, in …

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Fidomobile to invest 100 million hryvnias towards the construction of WiFi network in Kyiv metro

Fidomobile, a virtual operator of mobile networks, has won a competition held by the Kyiv (Kiev) state administration for selecting an operator for a high-speed WiFi network in the city’s metro. The company plans to invest approximately 100 million hryvnias (approximately $7.7 million) in the project and to provide WiFi coverage throughout the metro, from escalators …

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China’s Xinwei and Ukraine’s Datagroup strike an investment agreement for $400 million

China’s Xinwei Telecom Enterprise Group has made further inroads into the Ukrainian market with an agreement to invest about $400 million in the telecom and hi-tech projects of telecom operator Datagroup. Datagroup CEO Alexander Danchenko signed a memorandum of cooperation with his counterpart from Xinwei, Wang Jin. A press release announcing the agreement was posted …

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Report: Ukraine now counts 7.5 million broadband Internet subscribers

The number of broadband subscribers in Ukraine exceeded 7.49 million in the first quarter of 2014, up 0.7% compared to Q4 2013, according to Russian consultancy iKS-Consulting. Broadband ISP revenue in the country exceeded 1.472 billion hryvnias in the first quarter of 2014. At the same time, according to the consultancy, the dynamics of broadband …

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