Monday, 29 June 2009

Yes Telecom to create new company – The Netherlands

According to Telecompaper, Dutch MVNO Yes Telecom has announced that the company will create a new entity from its Capestone unit on 1 July. According to Klaas Botterna and Frank Caris, Directors of Yes Telecom, the move is attributed to Capestone’s substantial growth in the mobile data traffic market.

Alexander van Weert will act as the Managing Director of the new company, of which he will be a part owner as well. Additionally, Capestone will shift its headquarters to a new location in Ooserhout, The Netherlands, with a new shareholder.