GTS Central Europe founded its Croatian subsidiary, GTS Telekomunikacije
Budapest, January 16, 2006
GTS Central European Holding B.V. founded its Croatian subsidiary called GTS Telekomunikacije d.o.o. The new company offers retail and wholesale voice, data services and IP services for corporate customers: international leased lines, MPLS and voice termination. The General Manager of GTS Telekomunikacije d.o.o. is Géza Szathmári, who holds the position of the General Manager of GTS-Datanet, Hungarian subsidiary of GTS CE as well.
As one of the largest alternative telecommunications provider of Central Eastern Europe, GTS Central Europe wishes to actively expand in the direction of Southern Europe in the future. Via GTS-Datanet, the company has already been present in the Southern European countries with its services; the foundation of the Croatian subsidiary is the next step of the process. According to the plans, GTS Central Europe will establish a subsidiary in Slovenia this year, and later in Serbia.
In the past year, GTS Central Europe focused on strengthening its Central Eastern European position and acquired a number of telecommunication providers: Energis Polska in Poland, Contactel in the Czech Republic, Quadia in Slovakia, furthermore Telenor Networks and Nextra, having both Czech and Slovakian interests. Through these acquisitions, the company significantly increased its customer base and the extent of its optical network. The revenues of GTS Central Europe are expected to reach 385 million EUR in 2006.
About GTS
GTS Central Europe is a leading provider of integrated telecommunications services in Central and Eastern Europe. GTS owns and operates an extensive fiber optic and data center network throughout the region. In the Czech Republic, Hungary, Poland, Romania and Slovakia, the company combines its regional footprint with deep local networks to deliver a broad range of services. From basic voice and data to complex virtual private networks and managed data center services, GTS assembles the latest technology with its extensive network to provide industry-leading customer solutions. Wit a rich operating history of nearly 20 years in CEE, the company is committed to providing service excellence and value to its 30,000 government, carrier and business customers. GTS is owned by a consortium of leading international private equity firms with extensive experience in the communications and technology industries. For more information, please visit us at www.gtsce.com.
