Investments

orangeslovenia

Orange Slovensko was the leading mobile telephony operator in Slovakia, operating under the Orange brand name at the time of Mid Europa’s investment.

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Country: Slovakia
Industry: Mobile telecommunication
Investment Date: July 2001
Exit Date: October 2005
Fund: Fund I
Website: www.orange.sk

In 2001 Mid Europa, acting as co-leader of a private equity consortium alongside AIG, acquired a large minority stake in Globtel, the leading mobile telephony operator in Slovakia, which was rebranded Orange Slovensko in 2003. Orange was awarded its GSM licence in 1997 as the second GSM operator in Slovakia.

Mid Europa's investment in Orange Slovensko was sold to France Telecom in 2005.