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.
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