June 27, 2017 6:50 PM ET

Communications Equipment

Company Overview of Yota Devices Ltd.

Company Overview

Yota Devices Ltd. develops, manufactures, and sells mobile communications and connectivity devices. It offers smartphones, modems, and routers. The company was founded in 2009 and is based in Moscow, Russian Federation with a representative office in Dubai.

Moscow,  

Russia

Founded in 2009

Phone:

7 495 926 7585

Key Executives for Yota Devices Ltd.

Chief Executive Officer
Chief Operating Officer
Head of Dubai Office and Vice President of Middle East & Africa
Compensation as of Fiscal Year 2016.

Yota Devices Ltd. Key Developments

China Baoli Plans To Acquire Stake In Yota Devices From Telconet Capital

China Baoli Technologies Holdings Limited (SEHK:164) plans to raise its stake in Yota Devices Ltd. tom 64.9% by acquiring stake from Telconet Capital Limited Partnership.

Telconet Capital Denies Merger Talks

Telconet Capital Limited Partnership intends to sell its share in Yota Devices Ltd. to China Baoli Technologies Holdings Limited (SEHK:164), business daily Vedomosti reported, quoting two people close to Yota Devices's shareholders. A source close to Yota Devices' managers said Telconet Capital, owned by businessmen Sergei Adonyev and Albert Avdolyan, is going to sell its stake and withdraw from the business as stipulated earlier. A spokesperson for Marsfield, which manages Telconet Capital's assets, denied the rumors. The fund is neither quitting Yota Devices nor holding the talks, as the spokesperson said.

Yota Devices Appoints Dmitriy Moyseyev as New CEO

Dmitriy Moyseyev has been named as new CEO by Yota Devices. Earlier, Moyseyev served as COO and takes up the role from Vladiislav Martynov in the top job.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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