Fibre infrastructure and data centre operator Viatel is working on a pipeline of prospective acquisitions and considers itself strategically positioned to be a driving force of consolidation in the sector.
The Dublin-based telco has revealed it plans to…
Fibre infrastructure and data centre operator Viatel is working on a pipeline of prospective acquisitions and considers itself strategically positioned to be a driving force of consolidation in the sector.
The Dublin-based telco has revealed it plans to execute on a stream of acquisitions supported by its new Swedish funding partner, Proventus Capital Partners.
The acquisitions will be part of a €125m (US$167m) investment to expand the company to improve its fibre infrastructure, cloud services and data centre offering. Viatel currently operates in Western Europe but has ambitions to expand to the USA, Canada, the Middle East and Asia.
Viatel currently owns and operates metro fibre and data centres in Dublin, London, Amsterdam, Frankfurt, Dusseldorf, Paris, Rotterdam, Brussels, Zurich, Lyon, Bordeaux and Marseille. It also boasts more than 8,500km of duct and fibre optic network infrastructure spanning 8 countries, 35 large cities, 150 data centres and thousands of businesses.
