Call Me On My Mobile, Penetration Reaches 2/3 Of Ukraine.

Ukraine’s total mobile subscriber base reached 31.2 mln at the end of January, which is 66.5% of Ukrainian population. Kyivstar (14.3 mln) and UMC (13.9 mln) are the two top companies. The third operator Astelit has increased its market share from 0% year ago to 8.4%. Concorde Capital: This year competition in Ukraine’s mobile market is going to become fiercer, as Ukrainian fixed incumbent Ukrtelecom (UTEL: Under Review) and the Russian mobile operator Vimpelcom are set to enter the fray. We expect mobile penetration to increase to 85-90% by the end of 2006.