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Polymetal Owners in Peru

By The Moscow Times

Polymetal International shareholders Alexander Nesis and Alexander Mamut acquired a Peruvian broadband Internet service provider.

Mamut's investment vehicle A&NN and the Nesis-led ICT Group acquired 88 percent of Lima-based Yota Del Peru, Igor Litvak, director of investments at ICT, said Thursday.

The new owners will invest more than $100 million to obtain 300,000 subscribers by 2015, according to an e-mailed statement that didn't disclose the deal's terms. ICT Group owns broadband Internet providers in Italy and Bangladesh, Litvak said.

(Bloomberg)

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