Ellex Klavins has advised Latvian telecommunications company Unistars on its acquisition by mobile operator Bite. Sorainen advised Bite on the deal. The transaction value was not disclosed.
According to Ellex Klavins, "the transaction is significant for the future growth of Bite, as it provides it with access to the 5G frequency that will enable the development of new, innovative products and services." Unistars will continue its operations as a subsidiary of Bite.
The Ellex Klavins team was led by Partner Ivars Pommers and Associate Zane Miglane.
Sorainen's team consisted of Partner Eva Berlaus and Senior Associate Viktorija Smirnova-Cerkasa.