We use cookies to improve your browsing experience. By continuing to use this website, you agree to our use of cookies in accordance with our privacy policy. Details

Accept and close

CITIC Telecom CPC expands global reach with completion of Linx Telecom buyout

Publication date - 3 February 2017

CITIC Telecom CPC says it has finalized its acquisition of Amsterdam-based Linx Telecommunications, following completion of all regulatory clearances.

The acquisition includes Linx’s 470-kilometer submarine fiber network in the Baltic Sea, and its network operations centers (NOCs) in Moscow and Tallinn, Estonia. The acquisition also includes Linx’s data center in Tallinn, which serves as Estonia’s largest Internet Exchange (TLL-IX). These all cover high-growth potential markets including Russia, Eastern Europe, Central Asia, as well as Kazakhstan and others in the «Stan» region.

Linx Telecommunications team members have also joined CITIC Telecom CPC as part of the acquisition, contributing their technical and Russian language proficiencies with local expertise toward expanding business in the regions.

The acquisition further extends CITIC Telecom CPC’s global infrastructure and points of presence to the Central Asia, Central and Eastern Europe markets, including regions encompassed by China’s «One Belt, One Road» economic cooperation initiative, said Xin Yue Jiang, Chairman of CITIC Telecom International Holdings

«One Belt One Road is an important part of our growth strategy. We believe Linx’s acquisition is fully complementing CITIC Telecom’s development strategy of keeping mainland China as the foundation of our business, with Hong Kong and Macau serving as both base and springboard to accelerate our business expansion internationally and global network coverage,»: he said. «The acquisition will help the group become a leading ICT service provider to multinational companies and carriers beyond Asia Pacific.»

Stephen Ho, CEO of CITIC Telecom CPC said Linx’s assets represents a significant milestone along the company’s path to extending its network coverage through Central Asia and into Europe. «The addition of Linx’s professional talents, infrastructure, technology and expertise will position CITIC Telecom CPC as a leading ICT service provider to multinational and large companies worldwide. It continues our global footprint expansion, and enhances our full spectrum of managed networking services, cloud computing and other managed value-added data services to businesses around the world.»

CITIC Telecom CPC has worldwide network coverage in over 120 countries with more than one hundred POPs covering the mainland China, Hong Kong, Taiwan, Japan, Vietnam, Singapore, Malaysia, Indonesia, Thailand, Sydney in Australia, London and Frankfurt in Europe, as well as Los Angeles and New York in the US. The Linx acquisition adds another 14 countries with 24 more POPs across Western Europe, Central and Eastern Europe, as well as Central Asia.

https://disruptive.asia/citic-telecom-cpc-completes-linx-buyout/

Share

Send an enquiry for services in Linxdatacenter

Please confirm that you are not a robot

Last news

01.11.2021
Linxdatacenter: how to ensure ten years of DC uptime

Linxdatacenter in Saint Petersburg reported ten years of uptime in September 2021. The key task of any data center is to minimize the number and length of downtime periods. Uptime Institute, the global DC expert community, notes positive dynamics in this field: the share of data centers worldwide reporting serious interruptions dropped from 11% in 2020 to 6% in 2021.

DETAILS
28.09.2021
Research by Linxdatacenter: only 23% of cloud providers submit a quote upon request within 24 hours

With its partners’ assistance, Linxdatacenter conducted a survey of the Russian cloud providers and evaluated their work from the perspective of their initial contact with potential customers.

DETAILS
20.09.2021
Linxdatacenter passed the M&O reassessment of the Saint Petersburg data center with a new record

Linxdatacenter has successfully passed the reassessment of its Saint Petersburg data center for compliance with the Management & Operations Stamp of Approval. Linxdatacenter is currently the only DC operator in Russia carrying the M&O Stamp of Approval by the key industry certifying organization Uptime Institute and having confirmed its compliance with the M&O requirements for the third time in succession.

DETAILS
25.08.2021
Forecast: deficit of IT infrastructure components will increase the cloud demand

Global shortage of two key IT infrastructure components – microchips and data storage drives – can lead to an increase in the cloud demand in Russia in the beginning of 2022. According to Linxdatacenter’s estimate, the demand will grow by 15-20%.

DETAILS
All news