On April 18, the Kyiv Court of Appeal canceled the arrest imposed on 100% of the charter capital of the Ukrtower company, owned by Turkcell, the press service of Datagroup-Volia told Interfax-Ukraine. “On the appeals filed by Turkcell regarding the seizure of assets, two court hearings were held. At the first, on April 16, the … Read more
French billionaire Xavier Niel’s investment company NJJ Capital is planning to acquire and merge two telecom businesses in Ukraine in what is set to be one of the largest acquisitions in the country’s history, bringing with it significant investment at a time when the war-torn country is struggling to attract foreign investors. In a joint … Read more
The Antimonopoly Committee of Ukraine (AMCU) has identified grounds for banning the acquisition of control over lifecell group by French billionaire Xavier Niel’s DVL Telecom, a member of NJJ group. In particular, the antitrust agency believes that it is necessary to check the relationship of control of lifecell itself and the parent company Turkcell with … Read more
The value of Turkcell’s subsidiaries sold in Ukraine – the third largest Ukrainian mobile operator, Lifecell LLC (lifecell brand), contact center outsourcing company Global Bilgi LLC and tower rental service provider Ukrtower LLC accounted for on the date of closing of the relevant sale transaction is $525 million, Turkcell said in a statement. “The final … Read more
Mobile network operators Kyivstar, Vodafone Ukraine and lifecell have blocked access to their networks for subscribers in Russia and Belarus. “The possibility of registering Russian and Belarusian subscribers in the Vodafone Ukraine network has been blocked,” Vodafone Ukraine PR Director Viktoria Ruban wrote on her Facebook page. Kyivstar told Interfax-Ukraine that the possibility of registering … Read more
Mobile operators of Kyivstar, Vodafone Ukraine and lifecell have begun refarming the radio frequency spectrum in the 900 MHz band. According to the Kyivstar’s report, the use of low radio frequencies will provide mobile operators with the opportunity to implement 4G communications throughout the country, including in settlements with a population of over 2,000 people, … Read more
The National Commission for Communications and Informatization Regulation (NCCR) of Ukraine has allowed mobile operators to begin eliminating fragmentation of the radio frequency spectrum in the 824-960 MHz bands aiming at further transforming the operators’ licenses to launch 4G communication (LTE) in the indicated bands. “The regulator gives a start to the redistribution of frequency … Read more
The mobile communications operator lifecell in April-June 2019 saw a rise of 41.8% in net loss year-over-year, to UAH 293.2 million. According to financial report posted on its official website, lifecell’s revenue grew by 16.1%, to UAH 1.48 billion. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 41.7%, to UAH 798.8 million. EBITDA … Read more
The Antimonopoly Committee of Ukraine has said in recommendations to mobile communications operators Kyivstar, Vodafone Ukraine and lifecell that setting the 28 day billing period for tariffs has signs of violation of the legislation on protection from unfair competition, Government Plenipotentiary of the Antimonopoly Committee of Ukraine Maria Protsyshen said on her Facebook page on … Read more
The mobile communications operator lifecell jointly with IoT Ukraine (Internet of Things) start building the first segment of the national IoT network in Kyiv, the operator has reported on its website. The first stage of the joint project is to cover Kyiv city. The test launch of the network is scheduled for August. Under the … Read more