Seeking Alpha

Deutsche Telekom makes $729M acquisition

  • Deutsche Telekom (DTEGY) is set to buy GTS Central Europe (which runs a fixed-line fiber optic network) from Columbia Capital, HarbourVest Partners, Innova Capital and M/C Partners for around $730M.
  • GTS' markets include the Czech Republic, Poland, Hungary, and Romania.
  • Revenues for GTS in 2012 (minus Slovakia, where assets are staying with the current owners, according to Reuters) were €347M.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)