Well, technically they never went away of course. But following the purchase of the VTL WaveNet assets in May, Digiweb has relaunched the business with the addition of an Irish fiber network to its reach.
Along with its wholesale business, Viatel will now be targeting larger enterpises as well. And their customer rolls are larger now, as Digiweb has transferred enterprise and public sector clients into their column. In Ireland they have a national ring and metro networks in five cities.
Viatel’s conduit and fiber network originated back in the dot com bubble, following the French waterways in many locations rather than traditional routes. When the bubble burst, the assets went into a somewhat dormant survival mode as the associated regional ISP businesses were sold off. Amazingly, the underlying fiber and conduit assets soldiered on independently until May’s transaction.
Now it looks as if the assets will indeed get a new chance at life in the world of European bandwidth under the Digiweb banner. I can’t help but wonder if Digiweb has further plans to take advantage of the growing winds of consolidation in Europe, either as buyer or seller.
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Categories: Fiber Networks · Mergers and Acquisitions
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