KT, South Korea’s largest telecommunications company, has acquired Singapore-based Epsilon Telecommunications as part of efforts to expand its global presence and accelerate digital transformation.
KT CEO Hyeonmo Ku said 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 Ku. “Epsilon provides great value with its Infiny platform and global network, which offers customers an agile approach to global networking.”
Epsilon’s Network-as-a-Service (NaaS) platform Infiny promises to businesses access to a suite of high-performance connectivity and communications services at the click-of-a-button.
KT benefits from Epsilon’s fully managed connectivity services with automation, orchestration and a comprehensive approach to end-to-end service delivery. Epsilon offers consistent and reliable connectivity to leading data centres, clouds and internet exchanges via its global private backbone network.
Michel Robert, CEO at Epsilon Telecommunications, said the acquisition is a logical next step for both businesses and a presents a great opportunity for customers, partners and internal teams.
“The timing is right to support Epsilon with new resources and the backing of a world-leader in telecommunications,” said Robert. “We look forward to continuing to grow Epsilon and provide innovative solutions and experiences for our new and existing customers across the globe.”
KT gains connectivity to 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.