In 2004 the SCM Group made a strategic decision to enter the fast
growing and emerging Ukrainian high technology market. The precondition for the
decision was the presence of SCM’s Astelit
(Life:) operator on the mobile
communications market.
In 2005-2006 SCM Group expanded its presence on the communications
market by acquiring “Farlep” and “OptimaTelecom” Groups, which provide fixed
line communications services.
The decision to enter this segment of the telecommunication business in
the capacity of a strategic investor was governed by the fact that this is a
fast growing market in Ukraine
and it has huge investment potential.
At present the SCM Group is the owner of assets both in mobile and fixed
line communication sectors.