Valuation
$660M
2020 Revenue
$220M
Customers
6.5M
Funding
$0
Avg ACV
$34
Team
2.6K
Founded
1993
How Ukrtelecom CEO Yuriy Kurmaz grew Ukrtelecom to $220M revenue and 6.5M customers in 2020.
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
Ukrtelecom Revenue
In 2020, Ukrtelecom's revenue reached $220M. Since its launch in 1993, Ukrtelecom has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2020 | Ukrtelecom Hit $220m revenue in December 2020 |
| 1993 | Launched with $0 revenue |
Ukrtelecom Valuation, Funding Rounds
Ukrtelecom's most recent disclosed valuation is $660M.
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 |
|---|
Ukrtelecom Employees & Team Size
Ukrtelecom employs approximately 2.6K people as of 2026.
Ukrtelecom has 2.6K total employees in different roles and functions. They have 6.5M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 2.6K employees (April 2021) |
Founder / CEO
Yuriy Kurmaz
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Ukrtelecom acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Ukrtelecom
What is Ukrtelecom's revenue?
Ukrtelecom generates $220M in revenue.
Who founded Ukrtelecom?
Ukrtelecom was founded by Yuriy Kurmaz.
Who is the CEO of Ukrtelecom?
The CEO of Ukrtelecom is Yuriy Kurmaz.
How much funding does Ukrtelecom have?
Ukrtelecom raised $0.
How many employees does Ukrtelecom have?
Ukrtelecom has 2.6K employees.
Where is Ukrtelecom headquarters?
Ukrtelecom is headquartered in Kyiv, Kyiv, Ukraine.
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Compare Ukrtelecom to the industry
Ukrtelecom operates across multiple industries. Browse revenue, funding, and growth data for Ukrtelecom in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .