Internet provider owned by Kolomoisky is curtailing operations due to unprofitability
High-speed boarding provider PEOPLEnet is shutting down its network in most regions of Ukraine, including Odessa, from September 1.
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The Odessa website “Timer” wrote about this .
From the beginning of autumn, network coverage will remain only in the Kyiv, Dnepropetrovsk, Donetsk, Kharkov, Poltava and Kherson regions.
At the same time, the company clarified that it will continue to provide other types of services everywhere, in particular, fixed-line communications.
“The decision to reduce mobile network coverage was made by the founders. It is due to the fact that the western regions of the country did not generate income comparable to the cost of maintaining the network,” said company president Mikhail Paikin.
Kolomoisky-owned internet provider is shutting down due to unprofitability.