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Georgian internet giant Silknet ‘to acquire Geocell’
Georgia

Georgian internet giant Silknet ‘to acquire Geocell’

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Georgia’s largest fixed network operator, Silknet, has announced that they have reached an agreement to acquire Geocell for for $153 million. Geocell is the second-largest mobile operator in the country. The deal will still need to receive the go-ahead from the state regulator, the Georgian National Communications Commission (GNCC). Silknet said in a 26 January statement that an agreement had been reached with Geocell’s shareholders, Telia Company and Turkcell. Telia Company confirmed the sa

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