Vodafone Ukraine confirms plan to enter fixed market via acquisitions

23 Aug 2021

Mobile operator Vodafone Ukraine – owned by Azerbaijani cellco Bakcell – has issued a statement confirming reports of its plans to enter the Ukrainian fixed telecoms sector. The company intends to acquire 99.99% of the shares of fixed broadband/telephony network operator Vega (via holding company Farlep-Invest) and at least 95% of the authorised capital of another fixed internet access provider, Cable TV-FINANCE. Vodafone Ukraine – the country’s second largest cellco by subscribers – notes that the two target companies also own frequency resources in the 2.3GHz range (15MHz in six regions) as well as in the 2.5GHz-2.7GHz range.

Vodafone Ukraine CEO Olga Ustinova said: ‘Entering the fixed line market will be one of the strategic priorities for Vodafone in the next two years. We plan to provide converged services, as consumers want to receive all services – mobile communications, mobile and home internet, television with guaranteed quality and convenient Vodafone service, to which our customers are already accustomed.’

Ukraine, Vega (owned by Vodafone Ukraine), Vodafone Ukraine