Vodafone Ukraine completes acquisition of telecommunications provider Vega

Vodafone Ukraine Group has reached an agreement to buy 99.99% of the shares of PrJSC Farlep-Invest, which operates under the Vega brand, as well as at least 95% of the share capital of Cable TV-Finance LLC, the press service the mobile operator reported on Wednesday.
“Vodafone Ukraine plans to continue to carry out the same types of economic activities, which are now carried out by PrJSC Farlep-Invest and Cable TV-Finance LLC. For Vodafone Ukraine, the objective of purchasing these companies is to further develop in the field of telecommunications, in particular landline services, “the report said.
The company said that PrJSC Farlep-Invest and Cable TV-Finance LLC have a frequency resource in the 2.3 GHz range (15 MHz in six regions), as well as in the 2.5-2.7 GHz range.
As reported, the Antimonopoly Committee of Ukraine on August 19 authorized PrJSC VF Ukraine to buy the telecommunications operator Vega (Farlep-Invest).
Vodafone Ukraine is the second largest mobile network operator in Ukraine.
The national telecom operator Vega is part of the telecommunications division of Rinat Akhmetov’s SCM group. The operator offers global solutions in the field of fixed telephony, high-speed Internet access and data transmission. The company is present in 22 regions of Ukraine.