LetterOne (L1), the international investment business, today announces the launch of L1 Retail, a new retail investment arm.

LetterOne (L1), the international investment business, headquartered in Luxembourg, today announces that it has made a strategic investment in Qvantel, the leading provider of cloud-based Business Support Solutions (“BSS”) for telecom operators.

The Plan for Development and Operation (PDO) for the Dvalin field (previously named Zidane) has been handed over to the Ministry of Petroleum and Energy in Norway by operator DEA. Dvalin will be the company’s first operated field development project in Norway.

LetterOne (L1), the international investment business, headquartered in Luxembourg, today announces a strategic partnership with FreedomPop, the disruptive US based mobile provider, based in California.

LetterOne (L1), the international investment business, today announced the launch of L1 Health, a new investment business alongside L1 Energy and L1 Technology.

Starting from an already very high level, DEA Deutsche Erdoel AG is working on operational improvements at its sites in Lower Saxony to constantly optimize working and safety conditions.

New organisation set and new Managing Director appointed

For the first time, DEA will be operator in Denmark.

LetterOne was the principle sponsor of the Ave Maya Gala at the London Coliseum in tribute to the legendary prima ballerina Maya Plisetskaya on Sunday 6th March.

LetterOne Technology (UK) LLP (“L1 Technology”), updates on discussions on the proposed merger involving a potential combination with TIM Participações S.A. (TIM) and Oi S.A. (“Oi”), which would have created a well-positioned telecommunications operator to compete against global players already operating in Brazil.