Silknet acquires Geocell
Georgian multiplay telco Silknet has acquired Geocell, the second-largest mobile telecommunications operator in the Republic of Georgia from Geocell’s shareholders, Telia Company and Turkcell in a $153 million (€123m) transaction which combines Silknet’s broadband, pay-TV and fixed telephony operations with Geocell’s mobile operations, creating a major convergent telecoms company. The acquisition will be financed through […]