The Anti-Monopoly Committee approves Kyivstar & Vimpel Merger
20 October 2010
The Ukrainian Anti-Monopoly Committee has confirmed its prior approval of the merger of Kyivstar mobile operator (39.8% of mobile subscribers in Ukraine) with VimpelCom (4.4% of mobiles subscribers). This approval will permit VimpelCom Ltd. to integrate its operations in Ukraine, merging #1 and #4 players on the mobile market. On October 5, 2009 Altimo and Telenor decided to combine their ownership in OJSC VimpelCom and Kyivstar under a new company, VimpelCom Ltd. However, on April 22, 2010 the Ukrainian Anti-Monopoly Committee decided to suspend their approval of the transaction.
