Irish alternative broadband provider Smart Telecom could fall under new ownership within a month, with the news that two firms – Complete Telecom and Planet 21 – are in talks to purchase the company. The Sunday Times newspaper writes that the anticipated sale of Smart, for EUR12 million-EUR15 million (USD16.7 million-USD20.9 million) is being pushed through by bondholders who could at any time request ‘immediate repayment’ of EUR47.9 million.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors