Providence Equity Partners is to invest over $200 million (€136.7 million) in the leading Ukrainian MSO Volia Cable. Volia Cable currently has over 700,000 RGUs in Kiev, Lviv, Alchevsk and Chernivtsy, offering analogue and digital TV, high-speed Internet access, VoIP and data services. It also plans to introduce both VOD and PPV in the future. Volia Cable is controlled by UGF lll, a SigmaBleyzer-managed private equity fund, while Providence Equity Partners has to date invested in over 100 companies including Bresnan Broadband Holdings. Digitürk, MGM and Warner Music Group. The deal is expected to close later this month.
