Basalt Sells Isle of Man Telecom Provider
CVC DIF has partnered with Jersey Telecom to acquire Manx Telecom from Basalt Infrastructure Partners.
Investment is made through the DIF Infrastructure VIII fund, with undisclosed financial details.
About Manx Telecom
Manx Telecom, founded in 1987, provides broadband, fixed line, mobile, and secure data services.
- Residential customers
- Business customers
- Public-sector customers
CVC DIF and Jersey Telecom have teamed up for the acquisition, with no specified sum disclosed.
No financial details were disclosed by CVC DIF.
Author's summary: CVC DIF and Jersey Telecom acquire Manx Telecom.
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