Vega Telecommunications Group is a Ukrainian operator of fixed telephony, broadband Internet access and data transfer. It is part of the Vodafone Ukraine group.. The operational management of Vega Telecommunications Group is carried out by PJSC "Farlep-Invest".
History
Vega Telecommunications Group appeared on the Ukrainian
telecommunications
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...
market on October 15, 2008 through the
merging of the largest
Ukrainian telecommunications groups Farlep and
Optima Telecom, as well as companies Ucomline, CSS, IP Telecom, Matrix, Vilcom and others.
The story of Vega Telecommunications Group started in 1994, when its major members were established, and later included into Farlep group in
Odesa
Odesa, also spelled Odessa, is the third most populous List of cities in Ukraine, city and List of hromadas of Ukraine, municipality in Ukraine and a major seaport and transport hub located in the south-west of the country, on the northwestern ...
and Optima-Telecom in
Dnipropetrovsk
Dnipro is Ukraine's fourth-largest city, with about one million inhabitants. It is located in the eastern part of Ukraine, southeast of the Ukrainian capital Kyiv on the Dnieper River, Dnipro River, from which it takes its name. Dnipro is t ...
. Both companies had innovative technologies for that time, such as
digital telephony
Telephony ( ) is the field of technology involving the development, application, and deployment of telecommunications services for the purpose of electronic transmission of voice, fax, or data, between distant parties. The history of telephony is ...
.
By 2005, Optima-Telecom had had over 300 000 subscribers in 13 Ukrainian cities.
In 2005, Ukraine's leading financial and industrial group
System Capital Management
System Capital Management () or SCM is a major Ukrainian financial and industrial holding company established in 2000 in Donetsk, Ukraine. It is currently headquartered in Limassol, Cyprus. The business is controlled by Ukrainian businessman a ...
has acquired Farlep-Invest Holding and Optima Telecom, and consolidated these assets into Farlep-Optima group. From 2005 to 2008
SCM has acquired and successfully merged a number of assets, including companies CSS, IP Telecom, Matrix, Vilcom, and over 30 others.
In September 2021, Vodafone Ukraine Group closed the acquisition of 99.99% of shares in Farlep-Invest, which operates under the Vega brand.
References
External links
*
VEGA homepage* {{cite web, url=http://www.scmholding.com, title=SCM Holdings
SCM Holdings
Telecommunications companies of Ukraine
Technology companies based in Kyiv