The Vodafone Ukraine group acquired Freenet company – the provider of fixed internet access services under the «О3» brand. The purchase of the company is part of the Vodafone Ukraine's strategy to develop convergent services and tariffs.
The Aequo team that advised on the transaction included M&A partners Anna Babych and Michael Lukashenko, antitrust partner Sergey Denisenko, counsel and leader of Aequo’s IT group Mykyta Polatayko, counsel Vasyl Mishchenko, senior associate Yevgen Blok, patent and trademark attorney Iryna Serdyuk, and associates Yevhenia Chernetsova, Vitaliy Savkov, and Marta Demkiv.
Freenet LLC is a national broadband Internet access provider, offering services under the «О3» trademark in the city of Kyiv and Dnipropetrovsk, Zhytomyr, Zaporizhzhya, Ivano-Frankivsk, Lviv, Kyiv, Rivne, Khmelnytskyi and Chernihiv regions. The company was founded and has been operating in the market since 2008. It builds its network on FTTx and GPON technologies using 10 and 40 gigabit fiber optic lines and modern equipment from leading manufacturers. This allows to provide internet access channel at speeds up to 1 Gbit/s. The company's clients base exceeds 163,000 subscribers.