mobilezone is acquiring SIGA exchange GmbH and its associated US Army business

"SIGA is a highly valuable addition to mobilezone," noted Wilke Stroman, CEO of mobilezone Germany. "Its strategic orientation will reinforce our business with Deutsche Telekom."

Ayhan Sentürk, founder and managing director of SIGA exchange GmbH said, " With regard to the further development of the SIGA business, I see mobilezone as the right partner for the future; thus, the course for further success has been set."

SIGA had a turnover of about EUR 6 in 2022. The purchase price was exclusively financed using mobilezone's own resources. Both parties have agreed on confidentiality regarding the financial details of the transaction. The planned completion date is 6 January 2023.