Deal focus: Advantage rings up TeleGuam return
Ties between Japan and the US territory of Guam go back a long way. Much of this is do with their relatively proximity, and the fact Japan held the island during the Second World War. But visitors coming from Japan are much more welcome today. Guam is dependent on tourism and Japanese tourists make up around 70% of visitors. The island also has a significant Japanese diaspora.
It was this association that inspired Japanese mid-market GP Advantage Partners to reach beyond its domestic remit to acquire GTA TeleGuam, Guam's former state-owned telecommunications company, in 2010....
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