Digiweb Group has added Viatel to its operation, expanding its reach across the UK, France, Germany, the Netherlands, Belgium, Switzerland and Italy. The move brings the headcount at the Dublin-based company to 200 across it’s entire operation.
Viatel, operating from London, provides fibre connectivity, high speed bandwidth and managed services to blue-chip carrier, corporate and government clients across Europe. Viatel also owns VTLWavenet, which will also be joining the Digiweb Group.
Colm Piercy, Group CEO, Digiweb (pictured), said: "We see a strong opportunity for cross-border consolidation in the telecoms sector in Europe in parallel with the explosion in high bandwidth connectivity demand, and this transaction is the first step in positioning our Group to take advantage of those trends."
The Group will continue to be led by CEO Colm Piercy, with Lucy Woods, outgoing Viatel CEO, joining the board of directors.
The Digiweb Group will now deliver an extensive portfolio of Managed, Voice and Data services over metro fibre networks in 12 of Europe’s largest cities and financial centres and at 185 Points of Presence over its wholly-owned independent fibre across eight countries. The group also operates two diverse submarine cables, and offers key connectivity on routes across Ireland, UK and continental Europe, with close proximity to African and Asian fibre landing stations.
The Group’s carrier and wholesale business will operate under the Viatel and VTLWavenet brands, while the enterprise and retail business divisions will trade as Digiweb. With a combined workforce of 200 and revenues of $78 million, the Group generates operating profits exceeding $10 million annually.
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