*map of network from the GTS website (http://www.gtsce.com/maps/index.php)
GTS Telecom is perhaps the most extensive fiber-based telecom (excluding the PTTs) in Central and Eastern Europe. It’s metro and country fiber networks are quite extensive in Poland, Hungary and the Czech Republic. It’s regional fiber networks connect up these three countries along with Romania and Slovakia.
GTS was acquired by a private equity consortium (http://www.gtstelecom.ro/news.php/Private_Equity_Consortium_Acquires_GTS_Central_Europe/1/43/). Bearonbusiness readers might recognize several of the investors. Columbia Capital, M/C Ventures, and Oak Investment Partners are all Zayo investors. Columbia and M/C were the two investors behind ICG turn-around. Columbia is also an investor in Envysion and both are NGT investors.
For some inexplicable reason, the GTS press release forgot to include one of the key consortium members–Bear GTS. Despite this slight, I will follow through my commitment to be a GTS’ board member. Some others members of the Zayo team will also lend a helping hand if and when needed.
Good luck Adam Sawicki, the new CEO. Congrats to everyone who made this happen, especially John Siegel of Columbia Capital and Rob Savignol of M/C Ventures—both of whom had major roles in wrestling this deal to the ground. I look forward to spending time together and gaining a better appreciation for central Europe.
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