The Ukraine: Shifting Trends In Telecoms Sector

The Ukraine is gradually getting regulation in place for its fast growing telecoms sector, says partner Nazar Chernyavsky of Ukraine law firm Sayenko Kharenko.

The Ukrainian telecom market has been developing very fast over the past years and as a result has become one of the most advanced and innovative industries in Ukraine. The basic laws governing this sector are the Law of Ukraine "On Telecommunications" dated 18 November 2003, as amended (the "Telecommunications Law") and the Law of Ukraine "On Radio Frequency Resource" dated 1 June 2000, as amended (the "Radio Frequency Law") with the National Commission for State Regulation of Communications and Informatization (the "NCRCI") acting as principal regulator and developing the whole range of implementing instructions and regulations.