Cable & Wireless (C&W) has acquired five European internet infrastructure businesses as part of an expansion of its services across Europe.
The UK-based carrier purchased the companies for $100m bringing the total spend on its IP acquisition programme to $650m to date, and giving it a presence in 11 European countries.
Mike McTighe, chief executive for global operations at C&W, said the deal will strengthen the company's position in the European internet service provider (ISP) market. "This will put us close behind people like UUnet and ISPnet, but this is not about buying revenue but building capability and reach across Europe," he said.
Over the past 18 months, the company's acquisitions include 13 ISPs, six network integrators and a web hosting company. The purchases finalised today are French ISP Pictime, German ISP POP Point of Presence, Spanish network integrator Eaisa Group, Dutch web hosting company Widexs and Dutch network integrator Impact Group.
McTighe said the purchases will be rebranded to C&W. "The companies will initially stay as a local brand, but with a C&W endorsement. There will be a rapid migration to the C&W brand," he said.
The carrier is also building a $1.5bn data and IP network connecting 200 cities across Europe which, on completion in 2002, will include the integration of the acquired ISPs' points of presence and existing networks.
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