OSKAR MOBIL A.S. NOW 100% OWNED BY TIW
Oskar Mobil a.s. announced today that its controlling shareholder, Telesystem International Wireless Inc. (“TIW”) has completed the transaction to acquire the balance of all equity interests in Oskar Holdings N.V.
Oskar Mobil a.s. announced today that its controlling shareholder, Telesystem International Wireless Inc. (“TIW”) has completed the transaction to acquire the balance of all equity interests in Oskar Holdings N.V. (“Oskar Holdings”) in exchange for shares of TIW. This measure effectively reconfigures Oskar Mobil’s shareholder structure, effectively making TIW the single owner.
“We are obviously pleased with Oskar Mobil’s performance, and this transaction gives us a simplified ownership structure,” said Al Tolstoy, President and COO of TIW.
“Oskar has built its success on targeting and marketing its brand in a way that has clearly resonated with the Czech market,” stated Karla D. Stephens, Oskar’s COO. “Our shareholders have – from day one – trusted our vision, and this has been an important facet of our success. We are honoured by their continued confidence, as we continue to grow and evolve.”