Ukraine’s telecom sector settles on back-office dealings to jolt the market

Sydney, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Ukraine-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW
Economic forecasts project that it will take up to two more years before the country’s GDP returns to the levels seen in 2013, before the start of hostilities.

In spite of the broader economic hardship, the country’s telecom sector continued its solid upwards growth trajectory, with a robust 11% increase in services revenue in 2020, year-on-year, while in the first half of 2021 overall revenue increased 17.1%, year-on-year. This commendable result was largely on the back of growth in the mobile segment, particularly in relation to increased data traffic and mobile broadband usage during periods of lockdown.


The fixed broadband market showed slight growth, however with a limited network infrastructure to build upon Ukraine will likely remain near the bottom of the list when it comes to telecom sector maturity in Europe.

Read the full report: https://www.budde.com.au/Research/Ukraine-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW

Nicolas Bombourg: nbombourg@budde.com.au
Europe office: +44 207 097 1241
Oceania Office: +61 280 767 665

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