Basalt Sells Isle of Man Telecom Provider
CVC DIF has partnered with Jersey Telecom to acquire Manx Telecom from Basalt Infrastructure Partners.
Manx Telecom, founded in 1987, provides broadband, fixed line, mobile, and secure data services to various customers.
- Investment made through DIF Infrastructure VIII fund
- Financial details not disclosed
CVC DIF and Jersey Telecom have teamed up for the acquisition.
No financial details were disclosed.
Author's summary: CVC DIF and Jersey Telecom acquire Manx Telecom.