Volia Cable (Aquorn Holdings Limited) and SigmaBleyzer’s regional cable operations (Oisiw Limited) are about to merge to form Ukraine’s largest MSO, with a presence in over 15 of the country’s largest cities.
The new entity, with will go under the name of Volia Limited, will provide TV and broadband internet access to over 2.5 million homes. Separately, Providence Equity Partners is to increase its total investment inn Volia to over $300 million €191.1 million), in a move that has already received the approval of the Antimonopoly Committee of Ukraine.
Volia Cable is backed by UGF lll, a SigmaBleyzer-managed private equity fund, and received its first investment from Providence (over $200 million) late last year.