Sumy Branch, Closed Joint-Stock Company, Sumy Branch

Utel was established in 1992 and has become Ukraine's leading provider of long-distance and international telecommunications
services. Utel shareholders are : "Ukrtelekom" (51%) and 3 world telecom leaders: AT&T, USA (19.5%), Deutsche Telekom,
Germany (19.5%) and PTT Telecom, the Netherlands (10%).

Our company has invested more than $ 155 million into the development of Ukraine's telecommunications infrastructure. Utel provides a Premium Business Service, whereby customers are connected directly to Utel's digital exchanges. It maintains a national network of cardphones which extends service to travelers and tourists.