KT Corp, South Korea’s largest telecommunications company, has acquired Epsilon Telecommunications, a global connectivity provider headquartered in Singapore, for an undisclosed amount.
The acquisition matches Epsilon’s agile innovation in international networking with KT’s world-class telecommunications services, customers, leadership, and resources.
KT gains connectivity to the world’s leading communications and technology hubs in 41 cities, with extensive presence across the Asia-Pacific including Mainland China.
With Epsilon’s suite of connectivity solutions spanning cloud connectivity, ethernet (DCI), remote peering, access, SD-WAN, colocation, and voice, KT is extending its capabilities to meet the changing demands from carriers, channel partners, and enterprises across the globe, according to the announcement
“Epsilon provides mission-critical networking for global digital transformation and maximising the value of cloud for enterprise customers. It has a tremendous mix of technology, teams, and innovation that are directly aligned with KT’s vision for enabling enterprises with digital platforms,” said Dr. Hyeonmo Ku, CEO at KT Corp.
Ku added that 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,” Ku said.
For Michel Robert, CEO at Epsilon Telecommunications, the acquisition is a logical next step for both businesses and an opportunity for customers, partners, and internal teams.
“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,” Robert said.
Epsilon is a global connectivity provider that is making the need for connecting applications and data in the cloud and around the world simple through its Network as a Service (NaaS) platform, Infiny.
Epsilon’s strong telecom roots along with its ongoing innovation in software-defined technology and Infiny bring a true differentiator in the Network as a Service (NaaS) market.
Infiny by Epsilon is a NaaS platform that enables users to buy and manage their network services, delivering carrier-grade connectivity to world-leading data centres, leading cloud providers, and internet exchanges around the world.
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