The three shareholders of European telecomms giant Unisource have pooled their international wholesale businesses to form Unisource Carrier Services. The new company will be fully owned by Unisource, and will sell comms lines to other carriers and telecomm service providers.
Although the new group will be managed by Unisource, the respective shares held by the three partners in the consortium - PTT Nederlands, Telia of Sweden, and Swiss PTT - will not be made public until the divorce from erstwhile partner, Telefonica, is finalised.
The new mega-unit, UCS, will make revenues of $2 billion and be staffed by 900 people based across Europe. It will be headed up by Telia?s existing marketing chief, Stig Johansson. According to a Unisource spokesperson, UCS will be the largest wholesale carrier providing services across the whole of Europe.
The company will offer a range of carrier services including switched services, bandwidth services, Internet services and value added services, based on ATM and synchronous digital hierarchy (SDH) technology.
Said the spokesperson: ?There would be a reduction of cost [by bringing together the wholesale businesses of the partners] and a rationalisation and optimisation of the network.?
The network could also be linked to Unisource partner AT&T?s infrastructure in the future, which could create a force to compete with the wholesale business of BT and MCI?s Concert.
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