Roman Abramovich-owned British telecoms firm sold for £1

A pound coin.

German tech entrepreneur, Hakan Koç, and former telecoms executive and private equity investor, Pyrros Koussios, have acquired global mobile operator Truphone.

Koç and Koussios are said to have snapped up the assets and subsidiaries of Truphone Limited for £1 following the completion of the company’s restructuring and the recent receipt of National Security and Investment Clearance from Grant Shapps MP, the Secretary of State for Business, Energy and Industrial Strategy...