Investments

oskarmobil

Under Mid Europa’s ownership, Oskar Mobil, based in the Czech Republic, was one of the fastest growing wireless operators in Central & Eastern Europe.

Oskar

 

Country: Czech Republic
Industry: Mobile telecommunication
Investment Date: December 1999
Exit Date: March 2005
Fund: Fund I

Mid Europa acquired its interest in Oskar Mobil at the time the third GSM licence was auctioned to TIW in 1999. The company launched its service in March 2000 and became one of the fastest growing wireless operators in Central and Eastern Europe, becoming EBITDA positive in early 2002.

In 2004, Mid Europa exchanged its Oskar stake for shares in Telesystem International Wireless, Inc. (TIW) and the investment was sold to Vodafone in March 2005.