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Article: Harbinger Capital Partners to Acquire 25% of Augere Holdings for US$50 Million.
- Article from:
- Business Wire
- Article date:
- October 6, 2009
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Brings together industry leaders to accelerate expansion of broadband Internet services in emerging markets
NEW YORK -- Harbinger Capital Partners announces today it has acquired 25% of the Class A shares of Augere Holdings (Netherlands) B.V. ("Augere") pursuant to an investment agreement to invest up to US$50 million, reinforcing Harbinger Capital Partners' commitment to the broadband sector in all types of markets.
Combining Augere's global telecommunications experience and strong local partnerships with Harbinger Capital Partners' expertise will provide not only affordable broadband services to under-served consumers and communities in emerging ...