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Datagroup-Volia to invest over UAH 1 bln in development of GPON within three years – CEO

Datagroup-Volia to invest over UAH 1 bln in development of GPON within three years – CEO
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Ukrainian Trident Replaces Hungarian Eagle in Country s West | Institute for War and Peace Reporting

In late October, the city council in Mukachevo, in Zakarpattia region, installed one of Ukraine’s most recognised symbols, the tryzub (trident) in the town’s landmark tenth-century Palanok castle. The tryzub, representing historical heroism, has extra weight in today’s Ukraine as the country fights for its sovereignty in the wake of Russia’s invasion. The trident, however, replaced a turul, a bronze eagle statue and symbol of Hungary’s history on the 14-metre pedestal.

EBRD provides $65 mln loan in hryvna-equivalent to support Datagroup-Volia merger

EBRD provides $65 mln loan in hryvna-equivalent to support Datagroup-Volia merger 2 min read The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan equivalent to $65 million to Datagroup, which is majority owned by a fund managed by Horizon Capital, the bank and the company said in joint press release issued on Monday. This will primarily finance the acquisition of Volia Group, the provider of telecom and content services (earlier Volia-Cable). We are delighted to announce our cooperation with the EBRD resulting in the provision of $65million in financing. These funds will be invested in the business to support growth and development – the acquisition of Volia as well as full-scale network modernisation. This financing supports our development plans, ensuring our network is the most modern in the Ukrainian telecommunications market, bringing quality of services to a whole new level and ensuring we surpass customer expectations as

Consolidation in Ukraine as Datagroup makes Volia acquisition

| 24 December 2020 In a move that will see the country’s leading national fibre infrastructure and digital services provider take on board the nation’s leading cable broadband service provider, Ukraine s Datagroup has reached an agreement to purchase 100% of Volia. Each company focuses on different customer segments within the East European country. Datagroup claims leadership in Ukraine’s B2B segment with only 15% of its revenues generated by B2C, while Volia is the leader in the B2C segment with less than 5% of its revenues generated by B2B customers. Post-integration, the combined business is expected to generate revenues exceeding $130 million and over $50 million in EBITDA, with what is said the be one of the lowest leverage ratios among large telecom companies in the CEE region.

Datagroup, der führende nationale Anbieter von Glasfaserinfrastruktur und digitalen Diensten in der Ukraine, hat eine Vereinbarung über den Erwerb von 100 % von Volia, dem führenden Kabel-Breitbanddienstleister in der Ukraine, getroffen

Datagroup, der führende nationale Anbieter von Glasfaserinfrastruktur und digitalen Diensten in der Ukraine, hat eine Vereinbarung über den Erwerb von 100 % von Volia, dem führenden Kabel-Breitbanddienstleister in der Ukraine, getroffen
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