KT Corp Acquires Singapore-based Epsilon Telecommunications


KT Corp Acquires Singapore-based Epsilon Telecommunications

By Luke Bellos

Global connectivity service provider Epsilon Telecommunications recently revealed it has been acquired by KT Corp., South Korea’s largest telecommunications company.

The consolidation of these two companies appears to be a natural fit, as both are highly invested in offering customers transformative networking resources that help manage vast digital tools within the business world.

"We are excited to announce the acquisition of Epsilon and welcome the team to the KT family of businesses. said Dr. Hyeonmo Ku, CEO at KT Corp. "Epsilon provides great value with its Infiny platform and global network, which offers customers an agile approach to global networking. Both companies share a vision for global digital transformation and the power that digital platforms have to change industries."

Epsilon was originally based in London when founded back in 2003, but moved operations to Singapore after the company incorporated the group holding, Epsilon Global Communications. The company has found great success with a number of managed services over the last two decades, including cloud connectivity, edge services, data center interconnections, and remote peering.

As a result of this unification, KT will take full advantage of Epsilon’s managed service offering to support the intense demand for networking solutions all over the world.

"The acquisition of Epsilon by KT is a great milestone on our company's journey and recognition of the hard work of our teams across the globe. The timing is right to support Epsilon with new resources and the backing of a world-leader in telecommunications. We look forward to continuing to grow Epsilon and provide innovative solutions and experiences for our new and existing customers across the globe," said Michel Robert, Chief Executive Officer at Epsilon Telecommunications. "The acquisition is a logical next step for both businesses and a fantastic opportunity for customers, partners and internal teams."

Edited by Maurice Nagle

Editor, MSPToday

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