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DigitalOlympus.com Comments on Deutsche Telekom’s Acquisition of GTS Central Europe for 546 Million Euros

Press Release   •   Dec 23, 2013 19:53 EST

Sequel to a recent news story by Edward Taylor published on November 10 on reuters.com concerning the announcement made by Deutsche Telekom on Sunday that it had taken over GTS Central Europe in a transaction valued at 546 million euros ($729 million), DigitalOlympus.com examines how Deutsche Telecom can benefit from its new deal.

The Reuters news story points that the deal gives the German telecom service provider a fiber optic fixed-line and infrastructure business in Eastern Europe. The acquired firm GTS is a telecommunications service provider with network and data center infrastructure specialized in serving business customers.

“Since GTS services are aimed at serving business customers mostly in Eastern Europe, Deutsche Telekom can take advantage of this to expand its business,” says DigitalOlympus.com spokesperson. “The new owner of GTS can partner with third-party firms that specialize in business phones systems and seek for more ways to expand their business.”   

In addition, the Reuters news indicates that Deutsche Telekom revealed it is buying GTS from a consortium of international private equity companies comprising Columbia Capital, HarbourVest Partners, Innova Capital and M/C Partners.

GTS CEO Danny Bottoms was cited saying "We see Deutsche Telekom as the best partner for GTS and are excited about the benefits and opportunities this will create for our customers and employees."

In response to the report, DigitalOlympus.com lead researcher Josh Cole opined that while the new acquisition offers Deutsche Telekom the opportunity to expand its business, it also offers the firm the chance to specialize in other areas such as meeting the demands of firms that specialize in PBX phone system.  

About DigitalOlympus.com

Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership.

About DigitalOlympus.com

Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership.