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Vega Telecommunication Group

Vega Telecommunications Group
PrJSC
Industry Telecommunications
Founded 1994 (1994)
Headquarters Kiev, Ukraine
Key people
Murat Cinar CEO
Services

Fixed telephony, SHDI, Internet, Data, IP-telephony, IPTV, CCTV, 1C services

Vega TV
Number of employees
1 600
Website www.vegatele.com

Fixed telephony, SHDI, Internet, Data, IP-telephony, IPTV, CCTV, 1C services

Vega Telecommunications Group is among the leading players of the Ukrainian market of fixed telephony, broadband Internet access and data transfer. Vega is a member of the telecommunication business of Ukraine's leading financial and industrial group System Capital Management.

Vega Telecommunications Group owns a network of a national coverage and provides telecommunications services in 159 towns of 22 regions of Ukraine. Today Vega serves about 440 000 subscribers of telephone lines and 156 000 subscribers of Internet access.

The operational management of Vega Telecommunications Group is carried out by PrJSC «Farlep-Invest».

Vega Telecommunications Group appeared on the Ukrainian telecommunications 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 Odessa and Optima-Telecom in Dnipropetrovsk. Both companies had innovative technologies for that time, such as digital telephony.

By 2005 Farlep-Invest Holding had consolidated the following assets:

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 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.


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