Capital Times acted as a sole financial advisor in the sale of 100% of TeleSet LLC which is one of the largest operators of cable TV and broadband Internet in Gomel to the Alternativnaya Tsifrovaya Set LLC (brands "Atlant Telecom", "Shparki Damavik"). Shareholders of the buyer are the International Automobile Holding Company "Atlant-M", a Private Equity fund SMH managed by "ZUBR Capital", European Bank for Reconstruction and Development (EBRD).
The transaction price is not disclosed upon mutual agreement of the parties.
About TeleSet LLC:
TeleSet LLC was founded in 1990. The company is engaged in providing services of broadband Internet and cable TV in Gomel.
About Alternativnaya Tsifrovaya Set LLC:
Alternativnaya Tsifrovaya Set LLC (brands "Atlant Telecom" and "Shparki Damavik") provides broadband Internet using ADSL and Ethernet technologies. As of October 2011 the external Internet channel of the company is about 3 Gbps. The company is represented in Minsk and all regional centers.