Japan’s Advantage exits GTA TeleGuam to US investor
Japan-based Advantage Partners has agreed to sell its controlling stake in GTA TeleGuam, the principal telecommunications provider on the US island of Guam, to US-based family office Huntsman Family Investments (HFI).
Terms of the transaction were not disclosed. A previous attempt to exit the company to Telekom Indonesia had reportedly valued the company at about $300 million. The sale is expected to close within the...
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