News from and about Ukraine & Ukrainians: Ukrainian Community Press Releases
BRAMA
  UKRAINEWSTAND
Home - NEWS - Weather - Biz - Sports - Press - Calendar - Classifieds

  ÓÊÐÀ²ÍÎÂÈÍÈ
Home - ÍÎÂÈÍÈ - Ïîãîäà - ijëîâå - Ñïîðò - Ïðåñ - Êàëåíäàð - Îãîëîøåííÿ



getLinks(); ?>


 
Submit press releases here

BRAMA, January 22, 2002, 9 am ET


INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE, 2002. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES.

1. Ukrtelecom is a state-owned corporation that administers the national wire line infrastructure, including 72,000 pay phones A regular payphone in Ukraine is used for local calls only. The payment is made either with tokens or prepaid cards that are valid only in the city of issue. To date, 44,000 of existing payphones have been upgraded to card phones. Prepaid cards are manufactured in Kiev and in Odessa using imported elements.

2. To upgrade the national network of card phones to international standards, Ukrtelecom introduced a single national prepaid phone card valid for local, long-distance, and international calls in 1999. So far, only 16,690 public phones have been upgraded to provide local, long distance and international calls. Phone sets are manufactured by a Ukrainian-Italian joint venture located in the city of Khmelnitskiy (Source: Hi-tech Panorama, August 2001).

3. One of the main problems in developing the system of public payphones is artificially low tariffs for local calls. As most customers use public phones for local calls only, prepaid cards of small nominations are unprofitable, because profit generated by local loop calls doesn't cover the prepaid card's production cost. In the meantime, the growing market for mobile telecommunications is successfully competing with public payphones and limits investments in this industry subsector.

4. U.S. investors and equipment suppliers are urged to exercise caution before concluding transactions in Ukraine. Post suggests consulting the Country Commercial Guide available at: http://www.usatrade.gov and discussing prospective investments with Embassy staff, the American Chamber of Commerce, accounting firms, legal counsel and other sources.

For detailed information, please contact your nearest USDOC Export Assistance Center, with a copy to: Ruben Beliaev, CS Kiev Commercial Specialist, e-mail: Ruben.Beliaev@mail.doc.gov; The Commercial Service, U.S. Embassy Kiev, 4, Hlibochytska St., Kiev 04050, Ukraine, Tel: (380-44) 490-0424; fax: (380-44) 490-0425

To the best of our knowledge, the information contained in this report is accurate as of the date published. However, the Department of Commerce does not take responsibility for actions readers may take based on the information contained herein. Readers should always conduct their own due diligence before entering into business ventures or other commercial arrangements. The Department of Commerce can assist companies in these endeavors.

The information above is provided by
U.S. Department of Commerce's BISNIS - Business Information Service for the Newly Independent States


* * * * * * * * * * * * * * * * * *

More BRAMA Press Releases -- Click Here
Comments and observations about this article and other news
may be posted to the BRAMA News & Politics Comment Board

DISCLAIMER:The contents of press releases on this website represent solely the positions of their respective authors and organizations. BRAMA neither endorses nor disapproves of the views expressed therein. BRAMA retains all final rights as to what may or may not appear on these pages. Anyone wishing to comment on the press releases is welcome to post notices to the News and Politics Comment Board.



** Special: [Ukrainian Holidays and Traditions] [SHOP UKRAINIAN] [POLITICS]

BRAMA Home -- BRAMA in Ukrainian -- Calendar -- UkraiNEWStand -- Community Press -- Search BRAMA -- Arts/Culture -- Business -- CLASSIFIEDS -- Compute/Software -- Social Issues -- Education -- Fun -- Law -- e-LISTS&BB's -- Nova Khvylia (New Wave) -- SPORTS -- Travel -- Ukraine -- Government -- Diaspora Directory -- Suggest a Link -- Report a dead link -- About BRAMA - WebHosting - Domains - Advertising -- What's New? -- GOOGLE-- Yahoo!
Copyright © 1997-2011 BRAMA, Inc.tm, Inc. All Rights Reserved.