GTS Buys Romania's Datek

Combined business will have total annual revenues exceeding €25M (US$30M)

June 9, 2010

1 Min Read

BUCHAREST -- GTS Central Europe (GTS), a leading telecommunications operator in Central and Eastern Europe (CEE), announced the completion of a contract signed in December last year for the acquisition of Datek, an established and significant player in the Romanian telecommunications market. Datek’s strong corporate and carrier data customer base and strong presence in the financial and public sectors are complementary to GTS’s Romanian operations. GTS will add Datek into its existing Romanian operations, creating a combined business with total annual revenues exceeding €25 million. The acquisition will strengthen the GTS footprint not only in Romania, but also in the CEE region.

“GTS has played and will continue to play a leading role in the consolidation of alternative, infrastructure-based telecommunications operators in the CEE. For us, the Datek acquisition is another step to solidify our position in the region, which translates into increased efficiency and improved service to our customers,” said Adam Sawicki, Group CEO at GTS. “Datek brings to GTS significant network and operations benefits, including over 400 route kilometres of fibre and professional expertise in systems integration. Datek’s profile makes it a perfect fit with our long-term strategy to focus on the corporate, wholesale and public sectors.”

In addition to providing standard telecommunications services to its customers, Datek offers data transfer, infrastructure development, systems integration and serves as the main regional partner for numerous global carriers and international financial institutions. Datek‘s international, data-centric customer base is complementary to the GTS strategy, which emphasizes the sale of data and managed services to target corporate and carrier customers.

GTS Central Europe

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