NEQSOL Holding is an international group of companies active in energy, telecommunications, construction, and high-tech founded by Azerbaijani Nasib Hasanov.
[17] In September 2021, NEQSOL appointed Vasyl Latsanych as its Head of Telecom Department and in 2023 as chairman of Vodafone Ukraine Board.
[20][21] Vodafone Ukraine declared that rebuilding all the telecommunications infrastructures damaged during the war will cost more than 50 million dollars to the company (as of May 2022),[22] and a decrease in the number of its clients.
[33] In 2023, in the framework of the Digital Silk Way project, AzerTelecom and Kazakhtelecom signed an agreement[34] to link both sides of the Caspian Sea through a subsea cable from Azerbaijan to Kazakhstan.
[37] Together with 2 other mobile operators (Kyivstar of Veon and Lifecell of Turkcell), Vodafone Ukraine provided for free national roaming.
[39] At the beginning of the war, NEQSOL Holding and subsidiaries Norm and Bakcell participated in the help for repatriating Azerbaijani citizens from Ukraine.
[40] They provided Azerbaijani citizens free flights from Ukraine, and helped to organize train evacuation.
[41] Bakcell, one of NEQSOL Holding's subsidiaries, has sent equipment to Turkish civilians after the earthquake to help them stay in contact with their families despite the destruction caused by the natural catastrophe.