Irish-headquartered telecoms player Digiweb has acquired the retail assets of Belgian ISP Mondial Telecom in an all-cash transaction. The amount Digiweb paid has not been disclosed.
The acquisition comes hot on the heels of Digiweb’s merger in May with Viatel, a London-based telecoms operator, creating a telecoms operator that will connect 34 western European cities over an 8,500-kilometre fibre network.
Digiweb’s managing director of consumer operations and services Declan Campbell led the acquisition of Mondial Telecom.
The acquisition will bring in 25,000 new residential and SME customers across Belgium into Digiweb’s customer base.
Mondial Telecom provides broadband, fixed line and mobile phone services.
“This acquisition is a great opportunity for Digiweb as it further grows our operations in Belgium into new areas, such as mobile broadband and telephony,” Campbell said. “Digiweb will now have in the region of 25,000 residential and business users spread all over Belgium. Our ongoing aim is to continue offering excellent service and value in that market.
“Our recent merger with Viatel has granted Digiweb increased access to the European market and we’ll continue to look out for domestic and international growth opportunities.
“All aspects of our Belgian business are managed from Ireland and Digiweb has commenced recruitment of additional positions at our Dundalk-based operational centre to deal with this expansion,” Campbell said.
Founded in Brussels in 1998, Mondial Telecom provides a full range of retail ISP services, as well as a convergence solution for voice, text and other types of content to operators all over the world. The last year, Mondial Telecom’s focus was mainly on the convergence provider business that is now being used by several international operators.
“The sale of the retail activity to Digiweb fitted in with Mondial Telecom’s strategy to become the main service and software provider of VoIP-type solutions,” said José Zurstrassen, CEO of Mondial Telecom.
“With this transfer of activities, Mondial Telecom wanted to keep the service running for their existing loyal customers and Digiweb offered this,” Zurstrassen said.