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 undisclosed financial details.
- Manx Telecom provides broadband, fixed line, mobile, and secure data services.
- Founded in 1987, headquartered in the Isle of Man.
- Serves residential, business, and public-sector customers.
Author's summary: CVC DIF and Jersey Telecom acquire Manx Telecom.
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