Russian VC firm Runa Capital has just invested USD 1.5 mln in France-based Ubikod, which has developed an apps management platform called Capptain. The tool allows real-time capture of apps performance and usage data and provides customized reporting and excellent data visualization, and also enables two-way communication with its user base. Ubikod (www.ubikod.com) Ubikod is [...]

Est Media  Hungarian listed media corporation, has attracted a whopping HUF 1 bln investment, over the next three years, from Swiss investor group Global Emerging Markets Limited (GEM). They will also be authorized to subscribe, over the next three years, to three million shares at a price of HUF 280 per share. The contract was [...]

Credit rating organization Fitch is likely to take action against the credit rating of Turkcell should a move be made to formalize the offer to buy the intended 94 percent stake in the Bulgarian Telecommunications Company (BTC). The unveiled warning came a day after Turkcell’s announcement that it would make a bid that its competitor, [...]

Telecommunications towers company Russian Towers has attracted a USD 100 mln round of funding from a consortium of PE funds; the participants include MRIF, ADM, UFG PE Fund II and the EBRD. MRIF is lead investor with an infusion of USD 50 mln into the Russian tower operator. The funding will be used to increase [...]

Pamplona Capital Management, the London based private equity firm, has submitted a bid for Bulgarian telecom operator Vivacom. The Sofia-based Vivacom is a so-called quadruple play phone operator that offers fixed-line, mobile service, broadband and television services in one bill. The company had reported an EBITDA (earnings before interest, tax, depreciation and amortization) of 343 [...]

TransTelecom (TTK), the Russian Railways majority-owned internet service provider, has acquired Electro-Com, a regional ISP trading under “Spark” brand. The acquisition was part of the company’s developmental strategy that envisages expanding retails businesses in central and southern Russia by 2015.  Following the 100 percent stake acquisition of Electro-Com, TTK will emerge as a market leader [...]

Prostor Capital, the Russian investment company which manages USD 20 mln, has invested in Dulton Media’s units – yatv.ru and eagle.platform. While the former facilitates content to be streamed live on the internet, the latter offers its clients the option to broadcast video content over the internet and monetize it. Yatv.ru (yatv.ru) Yatv.ru is a Russian [...]

Hutchison 3G Austria GmbH, a subsidiary of the Hong Kong based conglomerate Hutchison Whampoa, will acquire Austria’s number three mobile phone operator Orange Austria Telekommunikation GmbH from present owners Europa Partners and France Télécom SA for EUR 1.3 billion. CEE focused private equity firm Mid Europa Partners own 65 pc in Orange Austria while France [...]

Four suitors, Telekom Austria, Turkcell of Turkey, Corporate Commercial Bank of Bulgaria and Icelandic businessman Thor Bjorgolfsson, are rumoured to be in the takeover race for Bulgarian telecom operator Vivacom. Known as the Bulgarian Telecommunications Company (BTC) earlier, Vivacom’s bid period ends in about a month.  

Telemach – a cable TV operator in Bosnia and Herzegovina, has been approved a EUR 25 million syndicated loan by the European Bank for Reconstruction and Development (EBRD). The company will use the money for upgrading its existing network and future domestic acquisitions. Telemach (www.telemach.si) Telemach is a leading provider of Slovenian cable TV, telephony [...]

K.D.S. Novi Sad, a local cable TV and broadband service operator in Serbia, has been picked up by Serbia Broadband (SBB). The acquisition entails a complete overhaul and upgrade of their infrastructure. The company’s ability to service its customers during the several months required for the work will be affected in the short-term. The company [...]

The Bulgarian division of CallPoint New Europe Ltd., Cyprus, has garnered a EUR 3 mln minority equity investment from the European Bank for Reconstruction and Development (EBRD). The funds will go towards expanding operational capacity up to 2,000 seats by 2013. The investment leaves 79 percent of the company with the original 100 percent stakeholders, but [...]

Polish telecom provider ASTER Sp. z.o.o. has been sold to US cable operator Liberty Global, Inc. (LGI) in a 100 percent equity transfer agreement between LGI and British private equity firm Mid Europa Partners LLP. The deal, which was announced in December 2010 and expected to be closed by June 2011, has only recently been [...]

Fast-growing internet service provider Siberian Networks has recently sold 20% equity to Russian and Nordic mid cap investor CapMan Russia for an undisclosed amount. The funding will be used to expand the company’s presence within key markets in Novosibirsk and Novokuznetsk. The equity sale leaves the remaining shares under management control. Siberian Networks (nsk.sibset.ru) Siberian Networks [...]

bmp media investors AG has acquired a 25.4% stake in Poland based inStream Media Sp. z.o.o. InStream Media is a video and network marketing company. The investment will be used to help Instream increase its presence in the market through sales growth and expansion of their network. inStream Media (www.instream.pl) Instream Media markets predominantly advertising [...]

Marshall Capital has increased its stake in RosTeleCom to 10.4% with a recent purchase that equaled 3.4%. The shares which were purchased came from Yevgeny Yurchenko, the former CEO of the company. The transaction was expected to finalize when the stocks hit bottom. RosTeleCom (www.rt.ru) RosTeleCom was first established in 1993 as a phone company. Since [...]

Confirmation was established when MegaFon released its quarterly reports that it had acquired WebPlus, a St. Petersburg Internet provider. The company was purchased for USD 2.5 million dollars. Enterprise Value of the company is estimated to be USD 6,5 million. MegaFon purchased 100% of the shares, with 31% being sold by TelComInvest, who also holds [...]

S-Group Ventures, a Russian based venture company, has announced that it will invest into Bisant, a micro antenna development company. The funds from the investment will be used to promote international expansion of the Bisant product line. The amount of the transaction has yet to be disclosed. Bisant (www.bisantenna.ru/Eng.htm) Bisant is a Moscow-based business that [...]

Mid Europa Partners has continued its expansion into the Bosnian cable television market by acquiring Monet, a Mostar-based cable television operator. Mid Europa intends to create a single company, Telemach, by merging Monet with the other Bosnian cable companies it purchased in 2010. The intent of Mid Europa Partners is to offer a package that [...]

Valued at USD 270 million dollars, an invest consortium consisting of VTB Capital, Alfa Capital Partners and a few private investors including Peter Gerwe, have purchased a 79% stake in News Outdoors, a Russian outdoor advertising firm. The managing director of News Outdoor will retain a 21% share in the company. News Outdoor Group (www.newsoutdoor.com) [...]