KIEV, March 12 – Telesystems of Ukraine (the PEOPLEnet trade mark) plans in 2008 to invest $90 million in the development of the company, Telesystems of Ukraine director general Zvika Pakula said.

Recently, the company started providing services in the Dnipropetrovsk region city of Nikopol, and in two months it plans to provide services in another 11 cities: Mykolaiv, Luhansk, Kherson, Sumy, Vinnytsia, Khmelnytsky, Zhytomyr, Mariupol, Poltava, Kremenchuk and Cherkasy, he said.