Business news from Ukraine

AMCU ALLOWS VODAFONE TO BUY VEGA

19 August , 2021  

The Antimonopoly Committee of Ukraine has allowed PrJSC Vodafone Ukraine to concentrate more than 50% of the telecom operator Vega (Farlep-Invest).
According to a statement released on the AMCU website, the committee made such a decision following the meeting on Thursday.
“The aggregate shares of concentration participants in the involved regional markets do not exceed 11%. In all commodity markets involved in the concentration, except for the voice traffic termination services market, there are a large number of business entities, they are competitors of the concentration participants and offer consumers similar services,” the AMCU said.
According to the AMCU, the seller within the planned concentration is SCM Group, which also includes PrJSC Ukrtelecom.
Both of these companies own 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.
Vodafone Ukraine is the second largest mobile operator in Ukraine.
The national telecom operator Vega is part of the telecommunications division of Rinat Akhmetov’s SCM group. The operator offers complex solutions in the field of fixed telephony, broadband Internet access and data transmission. The company is present in 22 regions of Ukraine.

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