The acquisition of a major shareholding of a Telecom Company in India of US$ 870,000

In 2008 The Indian government lodged a tender for GSM Telecom Licenses in the majority of circuits in India, including Delhi and Mumbai. The regular, Legal, Financial and Tax due diligence was conducted in addition to business intelligence. A different approach was taken this time where the investment took the form of Capital increase and the consideration was injected into the company itself and the consideration will only be due on acquisition of spectrum. The transaction received the award of best structured transaction of the year.