| Melita Cable to acquire 3G Telecommunications Ltd
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| Written by HiVoltage |
Thursday, 13 September 2007
Recently, 3G Telecommunications Ltd. were awarded the third 3G mobile
license in Malta. It didn't take much time until the true goal of 3G
Telecom. was made public - that to just obtain a license and then be
acquired by an experienced telecoms company. Melita Cable has issued a
press release in which it is stated that Melita and 3G
Telecommunications Ltd. have signed a letter of intent, where if the
transaction takes place, Melita will acquire 3G Telecommunications
Ltd., while M/C Venture Partners, the mother company of 3G Telecoms
will acquire a number of shares in Melita Cable. If this transaction
takes place, Melita will finally obtain the missing link - that of
mobile telephony.
Link:
Melita Cable Press Release
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| Last Updated ( Thursday, 13 September 2007 ) |
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