«Vodafone Ukraine» will attract a €90 million for the purchase of 4G license

The mobile operator «Vodafone Ukraine» on 10 January adopted a decision on the completion of the transaction to raise €90 million to purchase licenses of the standard 4G, according to «Interfax-Ukraine» in a press-service of the company.

The Agency with reference to the information disclosure system of the National Commission on securities and stock market notes that the price of the transaction will amount to €90 million (2 billion 973 million), while «the ratio of the market value of the property that is the subject of the transaction, to the value of assets of JSC «VF Ukraina» («Ukraine Vodafone») is to 19.18 per cent.»

The value of the assets of the operator, according to the annual financial statements for 2016, is 15 million 494 thousand UAH 242, the Agency said.

National Commission exercising the state regulation of communications and Informatization (NCCIR), has called for tender for license for 4G in the 2600 MHz band on January 23, 2018.

In July 2015, the President of Ukraine Petro Poroshenko has signed a decree on the introduction of 4G. According to the document, the 4G connection was to earn in Ukraine in 2017.

In July 2017, the Cabinet gave a start to the introduction of 4G in Ukraine. The Chairman of the NCSRCI Oleksandr Zhivotovsky noted that in Ukraine there are five bands for the introduction of 4G.

«Vodafone Ukraine» in the summer of 2017 said that is technically ready to implement mobile communication standard 4G. The company emphasized that the rate of adoption of 4G is not a question of time, and money and investments and their payback.

«Vodafone Ukraine» will attract a €90 million for the purchase of 4G license 12.01.2018

Январь 12th, 2018 by
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