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.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Yota
Countries: Cayman Islands
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Yota offers free loan of chargers in its shops

Published 29 Apr 2019 20:59 CET | Russian Federation
Russian LTE MVNO Yota, working on the network of mobile operator Megafon, has launched its 'Yota Charges' project. Subscribers ...

Yota Devices faces petition for bankruptcy declaration from screenmaker Hi-P Electronics

Published 01 Mar 2019 14:08 CET | Russian Federation
Russian company Yota Devices, producer of the Yota Phone smartphone, is facing a request for bankruptcy proceedings from ...

China Baoli drops plan for bigger stake in Yota Devices

Published 17 Oct 2018 15:30 CET | Russian Federation
China Baoli has dropped its plan to increase its stake in Russian company Yota Devices, reports Kommersant. The company had ...

Calendar   /   Industry Events

21 May Telefonica Deutschland AGM
21 May 1&1 Drillisch AGM
21 May NGON & DCI World
21 May Connections 2019
21 May Small Cells World Summit
21 May ICT Spring Europe
21 May Honor press conference
21 May MVNOs World Congress
22 May Analog Devices fiscal Q2
22 May Network Virtualization & SDN Europe
22 May China Mobile AGM
23 May Lenovo fiscal Q4
23 May MTS Q1 2019
23 May Weibo Q1 2019
23 May Sina Q1 2019
23 May ViaSat fiscal Q4
23 May Bezeq Q1 2019
23 May United Internet AGM
24 May Ice Group Q1 results
27 May Telkom FY results
28 May Cellcom Q1 2019
28 May Pareteum investor day
28 May Computex
::: More Calendar Items