Telia Company’s Fintur Holdings B.V. Completes Sale 100% of its Interests in Geocell

March 14, 2018

S&C represents Telia Company, as joint owner of Fintur Holdings B.V. along with Turkcell, in connection with Fintur's agreement to sell 100 percent of its interests in Geocell, the second-largest mobile operator in Georgia, to JSC Silknet. The transaction was initially announced on January 25 and was subject to regulatory approval by the Georgian National Communications Commission, which was received on March 14. The S&C team was led by John Horsfield-Bradbury, along with Alan Fishman, Ashwin Pillay and Suzanne Marton. Andrew Thomson and Emma Hardwick advised on tax matters.