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NJJ Capital, owned by French billionaire Xavier Niel, is buying the assets of Datagroup Holding Limited, a national fixed-line and digital services provider, news agency Interfax-Ukraine reported on Feb. 13, citing the response of Ukraine’s Antimonopoly Committee (AMCU). ....
AMCU allows Datagroup to buy three companies of Volia 2 min read The Antimonopoly Committee of Ukraine (AMCU) has allowed the national operator of fixed communications and digital services Datagroup (Datagroup Holding Limited), to buy three companies that are part of Volia Group. According to the AMCU website, the matter concerns Kyiv Telecommunications Networks LLC, Telesvit LLC and Oisiw Limited (Cyprus). The committee notes that during consideration of these cases, the product markets involved were assessed, namely: the provision of access to TV packages to legal entities and individuals; provision of Internet access services to legal entities and individuals; provision of server hosting services. ....
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 ....
Datagroup s concentration of 100% of Volia to lead to higher prices for telecom services – association 2 min read The Ukrainian Internet Association asks the Antimonopoly Committee of Ukraine (AMCU) not to consider the issue of Datagroup s concentration of 100% of the Volia Group of Companies under a simplified procedure, since such actions may lead to a new entity gaining the opportunity to control the inter-operator telecom market. We fully share the position of Lanet Network LLC and other members of the association that, as a result of concentration, a new business entity will be able to control the inter-operator telecom market [.] This, in our opinion, will inevitably lead to an increase in the cost of telecommunications services, both for legal entities and individuals, and will also give an opportunity to the entity again to dictate the conditions of activity in the telecom markets for other participants, according to the association s public appeal ....
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 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.