29
Fri, Mar
51 New Articles

CMS Advises Vodafone Ukraine on Vega Telecom Acquisition

CMS Advises Vodafone Ukraine on Vega Telecom Acquisition

Ukraine
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

CMS has advised mobile operator Vodafone Ukraine and parent company Neqsol Holding on the acquisition of Vega Telecom from the SCM Group.

The deal was signed in June 2021 and closed in September 2021.

Vodafone Ukraine is a Ukrainian mobile operator providing a wide range of services, including 3G and 4G data transmission, mobile voice communications, messaging, fixed internet, and mobile TV to around 20 million subscribers.

Vega Telecom, operating in 22 regions in Ukraine, with over 420,000 subscribers and 150,000 internet users, provides integrated telecommunications solutions involving broadband access, fixed and IP telephony, cloud services, data transmission, and storage services.

"We are delighted to have assisted Vodafone Ukraine and Neqsol Holding on this strategic and high-profile deal to acquire Vega Telecom," commented CMS Partner Tetyana Dovgan. "Navigating the various complex issues and bringing the deal to a successful closing required much creative thinking and pragmatic solutions."

The CMS team was led by Dovgan and included Partner Olga Belyakova, Senior Associates Vitalii Mainarovych, Louise Cakar, Mariana Saienko, Viktoriia Stavchuk, and Nataliya Nakonechna, Associate Ihor Pavliukov, and Lawyer Denys Hatseniuk.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.