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CITIC Telecom acquires European carrier Linx Telecom

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CITIC Telecom acquires European carrier Linx Telecom

Hong Kong'sCITIC Telecom International CPC Ltd., a subsidiary of CITIC TelecomInternational Holdings Ltd., announced April 28 its acquisition of the -based wholesale and enterprise data andcloud services provider Linx Telecommunications BV.

The buyout would include 470 kilometers of fiber optic cablenetwork in the Baltic Sea, network operation centers in Moscow, and Tallinn, Estonia and a datacenter in Tallinn that is considered as Estonia's largest internet exchangeTLL-IX.

The purchase signifies the CITIC Telecom CPC's globalexpansion, as it makes it presence in central and eastern Europe, as well as centralAsia.