Delta Partners Corporate Finance Advises Telecom Operators in Deals Totalling More Than $1 Billion in Africa, Asia and the Middle East

Delta Partners Corporate Finance Advises Telecom Operators in Deals Totalling More Than $1 Billion in Africa, Asia and the Middle East

PR Newswire

DUBAI, UAE, September 23, 2014 /PRNewswire/ —

Delta Partners Corporate Finance acted as sole strategic and financial advisor on transactions worth more than $1 billion (~€801 million) during the course of 2014 helping telecom operators on the execution of their digital strategy. These transactions resulted in collaborations between the telecom operators and Rocket Internet, one of the largest internet groups outside the USA and China. Rocket Internet has launched more than 100 businesses in over 40 countries to date ranging from e-retailing and online marketplaces to e-payments and finance technology.

The partnerships with the telecom operators will open up many new e-commerce business opportunities in emerging markets. Highlights of the transactions are as follows:

  • Advising PLDT on the acquisition of a 10% stake (€333 million) in Rocket Internet. The investment allows the establishment of a global partnership with a focus on mobile and online payment solutions.
  • Advising Ooredoo on their 50% acquisition (€180 million) of Rocket Internet’s Asian platform to jointly develop e-commerce and other digital services across emerging countries in Asia excluding China.
  • Advising MTN on the acquisition of 33% stake in the African platform of Rocket Internet and Millicom and 50% stake in Rocket Internet’s Middle Eastern platform. Both stakes are worth €288 million and will help develop e-commerce business across Africa and the Middle East.

Delta Partners Corporate Finance Limited (“DPCF”), based in Dubai, is the corporate finance arm of Delta Partners Group Limited (“DPG”), the leading emerging markets-focused TMD advisory and investment firm. DPCF provides strategic and financial investors with independent advice in transactions and investments throughout Europe, the Middle East, Africa and Asia.

Fede Membrillera, Delta Partners’ Managing Partner and Head of DPCF, said “Our TMD-focused expertise, in-depth market knowledge and understanding of both telecom and digital puts us in an excellent position to successfully help our clients bridge both industries. We are firm believers in the value that can be created in the intersection of both worlds.”

Kai-Uwe Ricke, Chairman of DPG, said “These equity partnerships position Delta Partners at the forefront of the telecom-digital convergence as we help our clients venture into the digital space. We expect to see more of such deals in emerging markets as telecom operators and digital players start to see the advantages of leveraging off each other.”

About Delta Partners

Delta Partners is the leading Advisory and Investment firm specialised in telecoms, media and digital with offices in the Middle East, Africa, Europe, Asia, Latin America and the United States of America. Our unique combination of Management Consulting, Corporate Finance and Private Equity creates unparalleled value for our clients, investors and business partners.

For more information, please visit http://www.deltapartnersgroup.com

Delta Partners Corporate Finance Limitedand Delta Partners Capital Limited are members of the Delta Partners Group of companies and are authorised and regulated by the DFSA.

Press contacts:

Delta Partners
Rachel Thong
rth@deltapartnersgroup.com

SOURCE Delta Partners Corporate Finance Limited (“DPCF”),

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