The Kyiv-based Freenet telecommunication company is intending to boost the number of subscribers by 75% or by 30,000 in 2010, to 70,000 subscribers.
Viktor Frolov, the director general of the company, announced this at a press conference. According to him, the company’s development plan for 2010 is backed by funding.
In 2009, the subscriber base of the company grew by 100% to 40,000 subscribers.
Frolov added that the company intends to double its gross revenues in 2010 over 2009, to UAH 60 million.
According to the director general, the gross revenues of the company for 2011 are expected at UAH 100 million on the subscriber base of over 100,000 subscribers.
The revenues of the company for 2012 are planned at over UAH 130 million on the subscriber base of up to 130,000 subscribers.
In the opinion of Viktor Frolov, the company will achieve the said results due to investment of USD 19 million in the development made in 2008 and 2009.
Over 2,000 multi-storey buildings are connected to the fiber-optic network of the company (nearly 300,000 flats).
The networks of Freenet have been put into commercial exploitation in Zhytomyr, Sevastopol, Simferopol, Lviv, Dnipropetrovsk, and Ivano-Frankivsk.
Frolov said the company does not plan to deploy its activities in new regions in 2010.
As Ukrainian News earlier reported, Freenet, which is a limited liability company, was founded through the merger of two Kyiv-based telecommunications companies (Freenet and iHome) in February 2008.
Freenet renders only services of wideband access to the Internet.
The owners of the company are members of the current management and co-founder of Brokbusinessbank, one of the largest banks in Ukraine.
