Consortium led by Xavier Niel clears regulatory approval to acquire Ukraine's #1 fixed telco Datagroup-Volia; Pursuing merger with #3 mobile operator Lifecell; Significant investment planned in Ukraine
Once the transaction has closed, the consortium led by NJJ intends to merge Datagroup-Volia with Lifecell, the country's #3 and fastest-growing mobile operator.
- Once the transaction has closed, the consortium led by NJJ intends to merge Datagroup-Volia with Lifecell, the country's #3 and fastest-growing mobile operator.
- The combined Datagroup-Volia-Lifecell entity will be led by Mykhaylo Shelemba, current Datagroup CEO, as Group CEO.
- This historic transaction is the first major investment by a new market entrant since the full-fledged invasion, as well as a significant investment in domestic infrastructure in Ukraine.
- We are confident that this deal will start a new page in Ukraine's telecom market and inspire others considering investing in Ukraine."