According to the operator’s press service, Kyivstar has completed its merger with Golden Telecom LLC.
The merger was initiated by Kyivstar's main shareholder, the Dutch international group Vimpelcom. Consequently, it was decided to consolidate all assets located in Ukraine. Thus, Kyivstar, Ukrainian Radio Systems (Beeline brand), and Golden Telecom were merged into a single company.
Back in 2013, the Ukrainian Radio Systems company was completely merged.
As Andriy Osadchuk, Kyivstar's Director of Regulatory and Legal Support, notes: "We are currently finalizing the legal formalities for the merger of Golden Telecom. This is an extremely complex and lengthy process. What we have achieved as of November 2014 is an excellent result. It would have been impossible to do anything faster. Completion of all consolidation processes is scheduled for early 2015," assured Andriy Osadchuk.
All activities related to the merger of the three Ukrainian companies are carried out in full and strict compliance with the laws of Ukraine and other countries where Vimpelcom Ltd. is present.
According to the owners, this merger will contribute to the improvement and expansion of services for subscribers throughout Ukraine.
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