Strategy
Altimo stated strategy is to invest in telecommunications companies that have the potential to become one of the top three providers in their home market.
As a financial investor, Altimo's stated strategy is not to hold majority stakes in its operators, preferring strong minority positions in those companies that do not have a controlling shareholder.
Altimo focuses on projects in the emerging telecoms markets of both Eurasia and Asia, and is attracted to countries that have large populations, low mobile penetration rates, a high GDP growth rate and low competition.
Altimo has also stated that is looking to establish a strategic partnership with a top tier European GSM operator, in order to participate in the consolidation of the telecoms industry. Altimo hopes that this would create a leading alliance in mobile telephony, benefiting from the operational experience of the European partner and the emerging market investment expertise of Altimo. So far there is little sign of such a partnership reaching fruition.
Read more about this topic: Altimo
Famous quotes containing the word strategy:
“Our strategy in going after this army is very simple. First we are going to cut it off, and then we are going to kill it.”
—Colin Powell (b. 1937)
“That is the way of youth and life in general: that we do not understand the strategy until after the campaign is over.”
—Johann Wolfgang Von Goethe (1749–1832)
“The best strategy in life is diligence.”
—Chinese proverb.