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Project Details

Company

Open Sky a leading satellite broadband provider in Italy 
Company

Satellite Solutions Worldwide Group a leading provider of alternative fast broadband services
Date
 16/05/2018
Industry
 Telecom
Type of Project
 M&A
Type of Project

Satellite Solutions Worldwide Group plc (AIM: SAT) entered in an agreement for the acquisition of Open Sky, a leading satellite broadband provider in Italy with c. 14,500 customers, for a total consideration of €5.0m, comprising €4.0m of cash and €1.0m of new Ordinary Shares in the Company, on a debt free/cash basis.

Team