Telecom Luxembourg International “TLI”, a telecom operator and provider of connectivity services in Europe, announces that it has agreed to acquire SD1 Telecom “SD1”, a Belgian telecom operator with a Dutch presence, provider of managed Internet and network services. This acquisition strengthens TLI’s position in Belgium and in providing Internet and Connectivity services to its enterprise customer base and service provider partner community.
With the COVID-19 pandemic enterprises are accelerating their digital transformations following the emergency needs to get their networks secured and ready-to-use for remote working. The combination of SD1’s network with TLI’s capabilities is set to create a greater synergy for our businesses and clients.
"The acquisition of SD1 by TLI is a strong milestone on our company’s journey and the acquisition is a logical next step and a great opportunity in the development of our portfolio of services for our customers and partners." Says Julien Doussot CEO of Telecom Luxembourg International.
“The TLI network will open a wider opportunity of global reach and scalability for our customers and partners,” add Philippe Magidson, SD1’s Managing Partner.
“We are thrilled to announce the acquisition of SD1 and welcome the team to the TLI family. SD1 provides connectivity services with a strong coverage in Belgium and the Netherlands this will support us strengthening the value of our services portfolio in Europe for carrier and enterprise customers. I’m also glad to announce that Philippe Magidson, Managing Partner of SD1 Telecom will enter to the Board of TLI as president. His strong experience will contribute to the development of the group and the European growth. " Say Julien Doussot, TLI’s CEO.”
This acquisition reinforces TLI as a strong player in the Benelux region, that contributes to the expand of its global data infrastructure with more DC Pop’s coverage in Europe.
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