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Kinstellar advises France’s NJJ Capital on the landmark roll-up of businesses in the telecommunications sector in Ukraine

September 2024 – Kinstellar is proud to have acted as Ukrainian legal counsel to NJJ Capital, the investment company of France’s leading technology entrepreneur Xavier Niel, on the acquisition and merger of Datagroup-Volia, one of Ukraine’s largest fixed telecom and pay-TV providers, and Lifecell, Ukraine’s third-largest mobile operator.

This landmark transaction is a significant consolidation of and investment in the Ukrainian telecoms market, that will bring many benefits to telecoms consumers, especially during wartime circumstances.

Kinstellar’s legal team provided comprehensive Ukrainian law advice to NJJ Capital throughout the transaction.

Lead lawyer and office managing partner Olena Kuchynska, noted:

We hope that this investment serves as a signal to other foreign investors to not wait to the end of the war, and to invest in Ukraine’s many opportunities now. I’m very proud of our team for their hard work to conclude this deal under very challenging circumstances

Olena Kuchynska Office Managing Partner
+380 44 394 9040
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