Antimonopoly Committee of Ukraine authorizes Azerbaijani operator “Bakcell” to buy “Vodafone Ukraine”

By:
BLACKSEA-CASPIA

“Vodafone Ukraine”, a member of Russia's „МТС” group, serves 19.7 million subscribers.

Photo: Vodafone Ukraine / Facebook

The Antimonopoly Committee of Ukraine (AMCU) has allowed the Azerbaijani operator “Bakcell” to buy Vodafone Ukraine, the AMCU website announced on October 24-th, 2019.

Today, the Antimonopoly Committee of Ukraine has granted a permit to “Bakcell” LLC (Baku, Azerbaijan) indirectly to acquire the shares of “Preludium” B.V. (Amsterdam, Netherlands), which provides a 50 percent majority of the votes in the company's senior management body.

This will allow the Azerbaijani company to acquire indirect control over the Ukrainian mobile operator, known under the brand name "Vodafone", stated the message of the AMCU.

In July 2019, the “LIGA.net” news agency reported, citing its (unidentified) sources, that telecommunications entities from Azerbaijan were interested in acquiring “Vodafone Ukraine”.
The amount of the deal is unknown, but one of LIGA.net's sources has heard about $ 700 million.

“Vodafone Ukraine”, a member of Russia's „МТС” group, serves 19.7 million subscribers.