📅 - British telecommunications company Interoute (Interoute.com -> gtt.net) said on Monday that it has purchased the main assets of bankrupt Dutch carrier KPNQwest's Ebone network, according to a report by Reuters.
Sweden's Telia is said to be competing with Dutch telecom firm KPN for the company's remaining assets. KPNQwest trustees reportedly turned down an initial bid by KPN for part of the network. A telecommunications leader in the Nordic region, Telia has reportedly told KPNQwest trustees and creditors that the company is interested in bidding against KPN for parts of the data network. Telia had already purchased parts of the KPNQwest network in France, Germany and Italy. KPN had reportedly offered approximately 20 million euros for parts of the network including the assets purchased by Telia. Interoute did not disclose the terms of the purchase of the bulk of the Ebone network, including eight rings around major European cities. But the price tag is said to be around 15 million euros, approximately two percent of the 645 million euros KPNQwest paid for the network under a year ago.
Reads: 2199 | Category: General | Source: TheWHIR : Web Host Industry Reviews URL source: http://www.thewhir.com/marketwatch/int071502.cfm
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Related news
📅 - Interoute reaches agreement to acquire Easynet - Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, announced today that it has entered into an agreement to acquire European managed services provider Easynet, subject to certain customary closing conditions. The transaction places an enterprise value of £402 million on Easynet. On a pro forma basis, after giving effect to the acquisition, Interoute would have had total revenue of over €700 million in the twelve months ended 30 June 2015.
The acquisition will enable enterprise, government and service provider customers of the merged group to access a full suite of the combined companies products and services. In addition to increased products
📅 - Interoute named as a leader in Gartner Magic Quadrant for Cloud-Enabled Managed Hosting, Europe - Interoute, owner operator of Europe's largest cloud services platform, has today announced that it has been positioned as a “Leader” in Gartner's Cloud-Enabled Managed Hosting Magic Quadrant, Europe released June 30, 2015. This Gartner Magic Quadrant is an annual analysis of Cloud-enabled managed hosting companies and their service offerings.
Interoute has integrated Europe's largest fibre network, with its 12 data centres and 14 Virtual Data Centre facilities, to create a networked cloud platform. Over the last year it has extended this platform with new Virtual Data Centre zones in Europe, USA and Asia. Interoute also offers unique capabilities, such as movement of workloads and data betw
📅 - Major Undersea Internet Cables Severed - In a disruption that may bring back memories of an earthquake off the coast of Taiwan that cut eight undersea cables in December 2006, Internet and phone communications in Europe, the Middle East, and Asia have been seriously disrupted after as many as four submarine cables were severed.
According to breaking reports from the BBC, the FLAG FEA, SMW4, and SMW3 lines near Egypt's Alexandria cable station are suspected to be severed. As well, a fault was found on the GO submarine cable 130km off shore from Sicily.
Wholesale products director of optical fibre network management firm Interoute (interoute.com -> gtt.net), Jonathan Wright, told the BBC that it could take days to fi
📅 - Major Undersea Internet Connections Severed - In a disruption that may bring back memories of an earthquake off the coast of Taiwan that cut eight undersea cables in December 2006, Internet and phone communications in Europe, the Middle East, and Asia have been seriously disrupted after as many as four submarine cables were severed. According to breaking reports from the BBC, the FLAG FEA, SMW4, and SMW3 lines near Egypt's Alexandria cable station are suspected to be severed. As well, a fault was found on the GO submarine cable 130km off shore from Sicily.Wholesale products director of optical fibre network management firm Interoute (interoute.com -> gtt.net), Jonathan Wright, told the BBC that it could take days to
📅 - Infinera, Interoute Avert Data Loss - Working under extreme pressure for 48 hours, business-class voice and data services provider Interoute (interoute.com -> gtt.net) used its Infinera (infinera.com) optical network and digital technology to deploy 60 Gigabits per second data connectivity on a 745 mile (1,200 kilometer) route in Europe to help a major customer that had been experiencing quality degradation on its previous optical network. "Managing to activate 60 Gb/s of bandwidth in less than 48 hours has made us extremely proud and emphasized again the first-rate quality of our network, and especially our Infinera optical network, as well as the total dedication of our people," Interoute chief executive officer
📅 - British telecommunications company Interoute (Interoute.com -> gtt.net) said on Monday that it has purchased the main assets of bankrupt Dutch carrier KPNQwest's Ebone network, according to a report by Reuters.
Reads: 2199 | Category: General | Source: TheWHIR : Web Host Industry Reviews