Paul Hastings Steers Monaco Telecom’s $304M Cyprus Deal

 July 17, 2018

Monaco Telecom


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Cyprus-based telecommunications operator MTN Cyprus will take in €260 million ($304.4 million) as a result of a sale to fellow mobile, broadband and television provider Monaco Telecom, according to a statement Tuesday by Paul Hastings LLP, which represents the buyer.

Monaco Telecom said the deal will allow it to push forward with a strategy focused on growth in the Mediterranean basin, picking up a business with more than 400,000 customers and €123 million in revenue in 2017.

Read the full article by Matthew Guarnaccia at law360.com

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