Financial group acquires GTS Central European Holding

2 Jan 2008

A consortium led by the investment funds Columbia Capital, M/C Venture Partners and Innova Capital has acquired the telecoms group GTS Central European Holding, which includes the alternative Czech operator GTS Novera. The group was previously owned by GML Limited. The transaction is expected to be completed in the first quarter of 2008. No financial details were disclosed.

Czech Republic