Basalt Sells Isle of Man Telecom Provider to CVC DIF and Jersey Telecom
CVC DIF has partnered with Jersey Telecom to acquire Manx Telecom from Basalt Infrastructure Partners.
Investment is made through the DIF Infrastructure VIII fund, with financial details undisclosed.
About Manx Telecom
Founded in 1987, Manx Telecom provides broadband, fixed line, mobile, and secure data services.
- Residential customers
- Business customers
- Public-sector customers
CVC DIF invests through the DIF Infrastructure VIII fund.
No financial details disclosed.
Author's summary: CVC DIF and Jersey Telecom acquire Manx Telecom.