State-owned broadcaster, the National Public Broadcasting Company of Ukraine (UA:PBC), has acquired free-to-air broadcast rights for the Pyeongchang 2018 Winter Olympics and the Tokyo 2020 Summer Olympics.
The Ukrainian network have signed a sub-licensing agreement with Discovery Communications, owners of Eurosport, for the right to show the events.
The announcement comes following the breakdown of initial talks in September between UA:PBC and Discovery Communications.
UA:PBC will cover all major events featuring Ukrainian athletes, as well as all of the final stages of main competitions, from the two Olympics on its main UA:First channel.
The agreement satisfies the contractual requirement of 200 hours of free-to-air coverage from Tokyo 2020 and 100 hours from Pyeongchang 2018, which is stipulated in Discovery Communications' rights deal for four editions of the Olympic Games from 2018 onwards.
Alexander Koltsov, board member of UA:PBC, said: "For any public broadcaster in the world, sport is one of the key components and it has to be presented on all our platforms.
"The sports achievements of Ukrainians are known all over the world.
"We have many outstanding athletes who will now be watched by millions of sports fans."
Managing director of Discovery Communications North-East Europe, Anna Pak Burdin, added: "The agreement with UA:PBC is not just a contract.
"It is an opportunity to join the international holiday and feel like a part of the multi-thousand audience of the Olympics, see the flag of Ukraine and the national team in national uniforms, cheer for your athletes and get incredible emotions."