Euro Roundup 3-28: Interoute, VTLWaveNet, Telekom Sjrbija

March 28th, 2011 by · Leave a Comment

Several more items from across the Atlantic to start the week:

European network operator Interoute added another notch to its belt, winning a deal to enhance the VPN network of EuroSport. The pan-european TV channel will see its 12 site MPLS network expand to 20 sites with better QoS and twice the capacity, all for a similar budget. Can't argue with that. Interoute has seemed very active thus far in 2011.

VTLWaveNet will be using the services of Global Telecom and Technology to reach beyond it's fiber infrastructure into Ireland and Spain. I know what you're thinking... VLTWaveNet? You mean those Viatel assets are still out there? Haven't heard from them in a couple of years after they were taken private, but it appears so.  About five weeks from now will mark the tenth anniversary of when the original Viatel sought BK protection back in the bubble - hard to believe they've gone this long since without finding a new home for the fiber itself.

And in Serbia, the government's sale of a 51% Telekom Srbija AD may fall through. They only got one bid, from Telekom Austria AG for €950M in cash plus €450M in investments, and apparently that didn't meet the threshold of €1.4B set by the prime minister. Serbia is trying to raise money to trim its budge deficit, but would have to turn to bond sales if this didn't go through. Ah well, at least now I know how to spell Sjrbija (it took several looks), though don't ask me how to say it.

Categories: Internet Backbones · Mergers and Acquisitions

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