Talkpool sells its network services company in Uganda

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Talkpool has today signed an agreement to sell, and Marsk Tech Ltd has signed the same agreement to buy Talkpool Network Services Limited in Uganda on "as is" terms for the small amount of 50'000 Uganda shilling.

The Sales Purchase Agreement is effective from 1st of January 2020 based on the audited financial statements of the 2019 calendar year. The 31st of August 2020 is completion date and the parties agree on th 30th of September 2020 as long stop date for notarial deed of share transfer and other remaining requirements after signing.

This transaction allows Talkpool to focus on digitisation in its key markets in Europe and Middle East, Marsk Tech can grow network services business in its key eastern African markets and the employees of Talkpool Network Services Uganda Ltd gain a perspective to continue working and developing skills.

Talkpool's local manager Sarin Syamala is happy that his favourite purchase candidate has agree to buy and create a new future for the local staff. For further information about Uganda please contact sarin.syamala@talkpool.com

For more information about Talkpool, please contact:

Erik Strömstedt, CEO Talkpool
Tel: +41 81 250 2020
erik.stromstedt@talkpool.com 

Talkpool provides IoT solutions and telecommunication network services globally. Through its cutting-edge technical expertise, long experience and agile business model, Talkpool offers global telecom vendors and operators high-quality services on short notice no matter the location. Talkpool offers end-to-end IoT solutions for smart buildings and cities with focus on environmental control, energy saving and damage prevention For more information, visit www.talkpool.com.

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