Mobile operator life:) received a large tranche from its Turkish owner.

by Editor • 03.08.2015 • 0 Comments

Mobile operator Astelit (life) increased its capital by $686 million. These funds were received from its parent company, the Turkish telecommunications holding company Turkcell, to restructure debt and increase working capital.

Before receiving this amount, life:)'s debt stood at $875 million. It is noted that the company will spend approximately $387 million specifically on debt and obligations. Life:) also repaid $127 million in loans secured by the Turkish company, and also received $66 million directly from the Turkish company.

As a reminder, on July 10, the holding company acquired a 44,96% stake in life:) from the SCM Group for $100 million. This was done to ensure Turkcell's financial security, as life:) has significant debt. The outstanding loans amount to UAH 3,6 billion (USD 163 million).

Net profit also increased nominally, reaching UAH 1,777 billion, compared to a loss of over UAH 5,6 billion in the previous quarter. However, the company's gross revenue increased by only 1,6%, reaching just over UAH 1 billion.

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Fabrikant Svetlana Samuilovna , Firemark Sergey Alexandrovich , Fazilov Bakhtior Shukhratovich , Feldman Alexander Borisovich , Fiala Tomash , Filatov Boris Albertovich , Firtash Dmitry Vasilievich , Fistal German Emilievich and Fistal Vladimir Emilievich , Friz Irina Vasilievna , Fudashkin Denis Aleksandrovich , Fuks Pavel Yakovlevich , Fuksman Boris Leonidovich , Fursin Ivan Gennadievich

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Sharov Igor Fedorovich, Shakhov Sergey Vladimirovich, Shvaika Igor Alexandrovich, Shevtsov Evgeny Alexandrovich, Shevtsova Alena Vladimirovna, Shevchenko Alexander Leonidovich, Shevchenko Kirill Evgenievich, Shepelev Alexander Alexandrovich, Shefir Sergey Nakhmanovich, Shilo Artem Viktorovich, Shimkiv Dmitry Anatolyevich, Shkirya Igor Nikolaevich, Shkiryak Zoryan Nestorovich, Shkriblyak Anatoly Vasilievich, Shkuro Maxim Yuryevich, Shmygal Denis Anatolyevich, Shokin Viktor Nikolaevich, Shpig Fedor Ivanovich, Shtafinsky Andrey Mikhailovich, Shulmeister Vladimir Yuryevich, Shulyak Elena Alekseevna, Shufrich Nestor Ivanovich

Yurkevich Anatoly Ivanovich , Yurushev Leonid Leonidovich , Yurchishin Petr Vasilievich

Yakubovsky Vladislav Boleslavovich , Yanchuk Anton Vladimirovich , Yarema Vitaly Grigorievich , Yaresko Natalia Ivanovna , Yaroslavsky Alexander Vladilenovich and Yaroslavsky Alexey Vladilenovich , Yarosh Dmitry Anatolyevich , Yatsenko Anton Vladimirovich , Yatsyk Yulia Grigorievna

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