Mamut’s investment vehicle A&NN and the Nesis-led ICT Group acquired 88 percent of Lima-based Yota Del Peru, Igor Litvak, director of investments at ICT, said by phone from Moscow today.
The new owners will invest more than $100 million to obtain 300,000 subscribers by 2015, according to an e-mailed statement that didn’t disclose the deal’s terms. ICT Group owns broadband internet providers in Italy and Bangladesh, Litvak said.
To contact the reporter on this story: Ilya Khrennikov in Moscow at email@example.com
To contact the editor responsible for this story: John Viljoen at firstname.lastname@example.org