AS Starman

Starman was founded in 1992 by Peeter Kern and Indrek Kuivallik.^[5] Peeter Kern served as the company's CEO until his unexpected death in 2014.^[6][7]

In 2013, the Swedish investment company East Capital Explorer bought 51% of Starman's shares from the company's founders.^[8]

In 2015 Starman bought the Lithuanian telecommunications company Cgates, with funds from the majority shareholder East Capital Explorer,^[9] but the Lithuanian branch was again separated in a later acquisition.^{[citation needed]}

In March 2016, East Capital Explorer intended to sell its 63% share to American investment firm Providence Equity Partners for €81 million,^[10] but Starman's minority shareholder Polaris Invest (owned by founder Indrek Kuivallik) used their pre-emptive rights to make the purchase instead.^[1][11][12] In December 2016, Starman Estonia was wholly acquired by Finnish telecommunications company Elisa for €151 million; this deal did not include the Lithuanian branch.^[1][2][13]

• Official website

59°25′50.19″N 24°44′54.97″E / 59.4306083°N 24.7486028°E / 59.4306083; 24.7486028

This Estonian corporation or company article is a stub. You can help Wikipedia by expanding it.

• v
• t
• e