LAMA ENERGY GROUP Has Expanded with LIVE Telecom

7. 2. 2017

Holding LAMA ENERGY GROUP, the owner of DIGI CZ s.r.o, gained on 7nd February 2017, 100% share in LIVE Telecom, s. r. o., a mobile network operator that deals mainly with providing landline voice and data services.

For LAMA ENERGY GROUP, the acquisition of Live Telecom means expanding its portfolio in the area of telecommunication and increasing their client base. Thanks to the acquisition, existing customers of LIVE Telecom get access to LAMA ENERGY GROUP advantageous services for retail clients, which range from energy supply and mobile operator services under the brand of LAMA mobile to satellite or Internet television DIGI TV.

The advisers of LAMA ENERGY GROUP for this transaction were EY Czech Republic (tax due diligence), and a law firm JŠK (law due diligence and transaction documents).

Former owners of LIVE Telecom terminated their activities in the company.