Basalt Sells Isle of Man Telecom Provider
CVC DIF and Jersey Telecom have acquired Manx Telecom from Basalt Infrastructure Partners.
Infrastructure fund manager CVC DIF is investing through the DIF Infrastructure VIII fund.
- CVC DIF has partnered with Jersey Telecom to acquire Manx Telecom.
- Manx Telecom provides broadband, fixed line, mobile and secure data services.
- The company was founded in 1987 and is headquartered in the Isle of Man.
No financial details of the acquisition were disclosed.
Author's summary: CVC DIF and Jersey Telecom acquire Manx Telecom.
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