AMCU allowed Azerbaijani Bakcell operator to buy Vodafone Ukraine

Recently, information appeared online that the Azerbaijani mobile operator plans to acquire

Vodafone Ukraine company. Now this information has been confirmed.

What is known

Telecom operator Bakcell filed a complaint with the AntimonopolyThe Ukrainian Committee has applied for the purchase of shares in Preludium B.V., which will give the right to own the Ukrainian operator Vodafone Ukraine. Today the AMCU gave permission for the purchase. Naturally, such a decision does not mean that the deal will take place. Most likely, Bakcell is still negotiating and studying this potential opportunity.

In case you didn’t know

Vodafone Ukraine is among the three largestoperators in the country. According to the latest information, the company serves 19.7 million subscribers, and its net profit for 2018 amounted to UAH 1.8 billion. The operator is a subsidiary of the Russian MTS through two intermediate legal entities - the Luxembourg Allegretto Holding S.a.r.l. and the Dutch Preludium B.V.