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Who bought Vodafone Ukraine, and what followed?
Summary
A look back at the completion of a mobile-operator deal in Ukraine, set beside a gas pipeline opening a day earlier.
What happened to Ukraine's mobile market on 3 December 2019? NEQSOL Holding, which includes the Azerbaijani company Bakcell, completed its purchase of the Ukrainian mobile operator Vodafone Ukraine.
The deal moved ownership of one of Ukraine's mobile operators to a holding with an existing telecoms business in Azerbaijan. Bakcell is part of that group.
The regional backdrop that week included energy news. On 2 December 2019, Russia and China inaugurated their joint Power of Siberia gas pipeline. The two events were separate: one was a corporate transaction in Ukraine, the other a gas link between two other states.
For international readers, the telecoms transaction is the item that bears directly on Ukraine's economy. It was a completed acquisition, not merely an announced one, and it placed the Ukrainian operator inside the NEQSOL Holding group.
