Yota Devices declared bankrupt

Friday 19 April 2019 | 15:10 CET | News
The Supreme Court of the Cayman Islands has recongnised the bankruptcy of the holding company of Yota Devices, reports Cnews.ru. The process was initiated by Singapore company Hi-p Electronics, a supplier of screens for the first two models of the Yota Phone smartphone. The move was prompted by a debt of USD 1 million.

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Categories: Mobile & Wireless
Companies: Yota
Countries: Cayman Islands
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