Comsuisse acquires Schmid Telecom Russia and Schmid Telecom India
After the acquisition of Schmid Telecom Singapore PTE Ltd, the worldwide competence center for the ICS 200/60 and the IPCS 1200/800 systems and owner of the ICS 200/60, myVCS and 1200/60 system software and firmware rights and source code, the acquisition of Schmid Telecom Beijing, controlling the approximately 50% historical market share of VCS systems in Chinese airports, and the hiring of the key staff of Schmid Telecom AG Zürich, Comsuisse also acquired Schmid Telecom Russia and Schmid Telecom India. The companies were acquired by BCG Capital, a Comsuisse shareholder, from the Schmid family in 2017 (signed and agreed upon by Peter and Paul Schmid based on audit reports of Roedl & Partner) and subsequently transferred to Comsuisse, making them part of the Comsuisse / Schmid group.
Peter Schmid, after being temporarily released from prison (in the context of the charges against him personally for fraud, breach of fiduciary duties, dilution of funds, abuse of corporate assets etc) wrongfully claimed ownership of those entities, trying to extort further payments from former Schmid customers)
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Schmid Telecom Singapore PTE Limited, as part of its worldwide maintenance activities for the ICS 200/60 and IPCS 1200/800 systems, was granted an exclusive maintenance agreement for the Egypt’s very modern and sophisticated VCS systems (ICS 200/60).
“TMCS, one of the worlds largest and most modern systems, integrating airports and ACC’s of an entire region, goes into operation. This entire TMCS VCS system was planned, engineered, installed and configured by Schmid Telecom Singapore PTE Ltd.
After the acquisition of Schmid Telecom Singapore PTE Ltd, the worldwide competence center for the ICS 200/60 and the IPCS 1200/800 systems and owner of the ICS 200/60, myVCS and 1200/60 system software and firmware rights and source code, the acquisition of Schmid Telecom Beijing