A US-led consortium’s selected offer values MobiUz at US$351 million and includes an intention to invest up to US$500 million in telecommunications infrastructure. Legal closing remains subject to regulatory and corporate procedures.
The State Assets Management Agency selected an offer from a consortium led by McKim and Company, with JVR Enterprises acting as the sector-focused technology partner, for the acquisition of the state’s 100% interest in MobiUz. The selected proposal values the mobile operator at US$351 million.
The international process engaged more than 100 strategic and financial investors. More than 15 investors participated, ten submitted non-binding offers and six proceeded to binding bids after receiving financial and legal due-diligence materials.
The proposal also includes an intention to invest up to US$500 million in telecommunications infrastructure and implies a 7.4x EV/EBITDA multiple. Legal closing remains conditional on regulatory approvals and the completion of applicable corporate and legal procedures.
This material is provided for general information only and does not constitute investment, legal or tax advice, or an offer or solicitation in any jurisdiction.