London-based personal fairness fund, Sign Capital Companions, is about to take over the Cypriot telecommunications corporate, Primetel following the corporate’s placement beneath management. In keeping with a press release, Sign Capital Companions has been a key spouse and primary financier of Primetel for the previous 5 years and is dedicated to actively supporting the corporate.
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Sign Capital Investment Cypriot Telco
The announcement mentioned that in recent times, Sign Capital has equipped investment for the advance of Primetel’s new next-generation cell community, and this make stronger will proceed as they consider within the corporate’s functions and its devoted crew.
“Primetel stays dedicated to its strategic targets of constant development, secure community funding, and the growth of top quality services and products for its subscribers.”
Sign Capital Companions to Fortify Primetel
The energetic make stronger by means of Sign Capital Companions is predicted to convey renewed steadiness and enlargement alternatives for Primetel, making sure seamless services and products for its shoppers.
On July 18, 2023, Primetel used to be put beneath management because it had did not pay off a mortgage received from Sign Capital Companions.
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In keeping with the reputable web site, Primetel is Cyprus’s simplest selection telecom operator with an unbiased island-wide, IP-based, fibre optic mounted community infrastructure. Primetel owns and operates a regional community spanning Greece, Cyprus, Europe and Russia, offering city-to-city connectivity, information communications and IP-based services and products between key Eu and Center East markets.
