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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 French tech entrepreneur Xavier Niel’s investment company, NJJ Capital, in 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.

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, Kyiv Office Managing Partner 


Kinstellar team was led by Managing Partner Olena Kuchynska, Of Counsel Ihor Kitela and Counsel Yulia Eismont. The team also included Partner Natalia Kirichenko and Senior Associate Olena Stanishevska (IP); Partner Oleg Matiusha and Associate Diana Malysh (Real Estate); Senior Associate Mykola Lykhoglyad and Junior Associate Danylo Kholodyan (Corporate); Managing Associate Oleksandra Poliakova (Finance); and Junior Associate Maiia Savelieva (Commercial).

Olena Kuchynska Office Managing Partner
+380 44 394 9040
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