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Kyiv, Kyiv, Ukraine
Ukrtelecom PJSC operates a telecommunications network that offers telephone services, which include international, long-distance, and local telephony; data transmission and construction of private virtual telephone networks; Internet services, including switched and broadband Internet access, permanent IP-connection through a dedicated line; hardware and virtual hosting. It operates through two segments are Fixed-line telecommunications and Mobile telecommunications. Geographically it operates through Ukraine.
Last updated
In 2020, Ukrtelecom's revenue reached $220M. Since its launch in 1993, Ukrtelecom has shown consistent revenue growth.
Ukrtelecom is a bootstrapped Cloud Hosting Providers startup. Founded in 1993, Ukrtelecom has grown to $220M in revenue without raising any venture capital or outside funding.
As a self-funded Cloud Hosting Providers SaaS company, Ukrtelecom has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Currently, Yuriy Pavlovych Kurmaz holds the position of Chief Executive Officer of Ukrtelecom PJSC. In his past career he was Deputy Director General at Ukrainian Radio Systems ZAO. Dr. Kurmaz received an undergraduate degree from National Aviation University and an undergraduate degree from Kiev State Trade & Economic University.
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Ukrtelecom serves 6.5M customers.
Ukrtelecom employs approximately 2.6K people as of 2026. It serves 6.5M customers that rely on its solutions.
Ukrtelecom generates $220M in revenue.
Ukrtelecom was founded by Yuriy Kurmaz.
The CEO of Ukrtelecom is Yuriy Kurmaz.
Ukrtelecom is bootstrapped and has not raised outside funding.
Ukrtelecom has 2.6K employees.
Ukrtelecom is headquartered in Kyiv, Kyiv, Ukraine.
Ukrtelecom operates across multiple industries. Browse revenue, funding, and growth data for Ukrtelecom in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2020 Revenue
$220M
Customers
6.5M
Funding
$0
Avg ACV
$34
Team · 2021
2.6K
Founded
1993
| Year | Milestone | Source |
|---|---|---|
| 2020 | Ukrtelecom Hit $220m revenue in December 2020 | |
| 1993 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 2.6K employees (April 2021) |
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