Owned by

Velatel Global Communications
3>24,14 %

Owned by

7L Capital Partners Emerging Europe
3>75,86 %

Owned by

Đurđa Vlah
3>0,35 %

Owned by

Josip Vlah
3>0,35 %

Owned by

Karlo Vlah
3>0,69 %

Owns

Montenegro Connect
3>100 %

Owns

Novi-Net Mobile
3>100 %

named

Arbitration regarding claims for damages under the BCA
3>subject of claim

Employer of

Karlo Vlah
3>director

Employer of

Đurđa Vlah
3>director

Family

Josip Vlah
3>brothers

Family

Đurđa Vlah
3>son

Employee of

Montenegro Connect
3>authorized officer and member of the board

named

Arbitration regarding claims for damages under the BCA
3>claimant

named

Arbitration regarding claims for damages under the BCA
3>claimant

Owns

7L Capital Partners
3>formerly 33,33 %

Employee of

7L Capital Partners Emerging Europe
3>legal representative

Employee of

Montenegro Connect
3>member of the board

Employee of

Beotelnet-ISP
3>president of the supervisory board

Employee of

Verat
3>director