Mexican mobile operator Unefon has seen its CEO Shalom Manova and all of its board members resign, after Ricardo Salinas Pliego assumed control of over 90 percent of the company’s stock, reports El Universal. Salinas, who owned 44.4 percent of Unefon, acquired the 45.6 percent stake which Moises Saba, who was chairman, and his family owned for USD 300 million. Salinas aims to make a public offer for the rest of the shares of Unefon trading on the Bolsa. Moises Saba has resigned as chairman. The resignations are according to the new shareholder structure, according to a spokesman with Grupo Salinas, holding company controlled by Salinas Pliego. Diego Gerardo Foyo Mejia has been appointed as chairman and CEO of Unefon. Eight board members, including Foyo, have been appointed to replace the outgoing members.
Source- http://www.telecompaper.com
November 22, 2007 at 6:12 pm
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