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Broadband

Datagroup gets USD 65 mln laon from EBRD for Volia acquisition

Tuesday 20 April 2021 | 16:38 CET | News
Ukrainian operator Datagroup is purchasing the cable operator Volia with the financial backing of the European Bank for Reconstruction and Development (EBRD). The EBRD said it's providing a local currency loan equivalent to USD 65 million to Datagroup, which is majority owned by a fund managed by Horizon Capital. This will primarily finance the acquisition of Volia to help build a stronger, more competitive telecommunications operator with improved quality of service and an expanded product range.

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Categories: Fixed
Companies: Datagroup / Volia
Countries: Ukraine
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