Odeko Raises $126M to Accelerate Next-Gen Integrated Telecommunications Innovation

Odeko, a dynamic leader in the telecommunications sector, is proud to announce that it has successfully raised 126,000,000 to fuel its next phase of growth and innovation. Formed through the strategic merging of companies that historically provided a limited range of services—cable television, Internet access, and telephone connectivity—Odeko has transformed into a comprehensive provider committed to delivering high-quality communication solutions across Ukraine. The company’s rich history is marked by transformative milestones: beginning with the founding of Odeko in March 2007 by Czech investment fund PPF Investments, followed by significant expansions such as the acquisition of key providers in Zaporizhzhia, Chernovtsy, Ternopil, and Lviv; the rebranding of МПП «Телекомпанія «Маска» to МПП «ОДЕКО Захід» in October 2008; and the official trademark recognition in May 2010. This new funding will be strategically allocated to reinforce Odeko’s robust infrastructure and spur ongoing digital transformation. By enhancing network capabilities and expanding service offerings, the investment will enable the company to reach underserved regions and deliver improved connectivity solutions to an even broader customer base. The capital will support further integration of innovative technologies, ensuring that customers benefit from faster, more reliable telecommunications services while positioning Odeko at the forefront of industry advancements. With this substantial injection of funds, Odeko is poised not only to consolidate its market leadership but also to drive sustainable growth and positive change in the communities it serves. The funding marks a significant milestone in Odeko’s continuing evolution, setting the stage for a future where seamless communication and unmatched service quality are within reach for everyone.