Ukrtelecom’s Dzekon Expects Profit in 2012, Kommersant Reports

VAT Ukrtelecom, the biggest provider of fixed phone lines in Ukraine, will probably make a profit next year, Kommersant-Ukraine newspaper reported, citing Ukrtelecom’s Chief Executive Officer Heorhii Dzekon.

The Kiev-based company will not generate profit in 2011, the Kiev-based newspaper cited Dzekon as saying.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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