Acquisition of 90% share in Voinet s.r.o.

Since summer 2009 we have sought for Georgian telecommunications investor Hi-line appropriate domestic telecommunications services provider based on IP telephony. We have conducted negotiations with several operators. The process was successfully accomplished with the acquisition of 90% share in the company Voinet Ltd. in May 2010. Original associate stays with 10% share in the company and together with new strategic partner will cooperate on broadening of services especially in international calls.

 

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