Monday, November 11, 2013

Deutsche Telekom Acquires GTS Central Europe

Deutsche Telekom is acquiring GTS Central Europe for Euro 546 million.

GTS has extensive network assets and data center infrastructure in Central and Eastern Europe. GTS operates inn the Czech Republic, Hungary, Poland, Romania and Slovakia, combining a regional fiber footprint with local networks to deliver a broad range of services.

In 2012, GTS achieved revenues of Euro 347 million and EBITDA of Euro 87 million pro-forma excluding the Slovak assets, which will be retained by the sellers as part of the transaction. The company is currently owned by a consortium of international private equity firms, including Columbia Capital, HarbourVest Partners, Innova Capital and M/C Partners, who have actively developed the company over the last six years.

Deutsche Telekom said the deal enhances its ability to offer pan-European telecommunication services as well as integrated products in countries where it currently maintains limited fixed-line access network infrastructure.

"We are investing against the trend. GTS is a further element for developing our integrated market position comprising mobile and fixed-line network services. Strengthening our position with business customers is also a core element of our strategy," said Timotheus Höttges, Chief Financial Officer at Deutsche Telekom.

The transaction is subject to regulatory approvals.

http://www.telekom.com

  • In July 2013, Ciena announced that GTS Central Europe, which provides integrated telecommunications solutions and data center services throughout Central and Eastern Europe, has deployed its converged packet optical  solutions to upgrade its international network to 100G.  The deployment uses Ciena's 6500 Packet-Optical Platform with WaveLogic 3 Coherent Optical Processors to provide 100G capacity along its high-traffic routes in Poland, Czech Republic and Germany.  The 6500 platform will support 100GE services in addition to unregenerated 100G wavelengths over distances of 1400 kms on GTS’ transport network.

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