English
Italiano
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.