«KTS» has made decision to increase UF by 25 million grn. To 49 million grn.

Shareholders of the company «Kiev telecommunication networks» which is included into group of companies "Will", at meeting have decided on October, 6th to increase ustavnyiy fund by 25 million griven to 49 million grn. By an additional share issue. Company "Will" press-service has informed on it «proIT».

Additional issue has been conducted for the purpose of reception of volume of investments from shareholders of the company for cover of necessary capital costs at introduction of new technologies.

Let’s remind, that in February, 2008 the company declared the plans on investment in building and modernisations of networks, and also to acquisition of TV-tuners for subscribers in connection with process of failure of use of analogue technology and complete transition to digital technology. These investments were carried out throughout a year.

«The increase in the authorised capital at the expense of additional instalments of shareholders is one of raising the finances sources at this stage», - is told in the company message.

Company "Will" - the provider of telecommunication services granting access to software packages of a CCTV under TM «Will Premіum TV» and access to resources the Internet under TM «Will Brodbend». Services of a CCTV of the operator use about 500 thousand persons, and a 200 thousand order are users of service of access to the Internet. The company works in Kiev, Lvov, Chernovtsy and Alchevsk.


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