Wednesday, May 19, 2004

Interoute Expands into Eastern Europe with Acquisition

Interoute has acquired Central European Communications Holdings BV (CECOM) and its operating subsidiaries in Czech Republic, Slovakia, Hungary, Austria, Germany, Poland and Romania from Zephyr Communications. The movement eastward mirrors the EU's recent expansion. Financial terms were not disclosed. With POPs in Frankfurt, Leipzig, Berlin, Vienna, Prague, Pilsen, Brno, Ostrava, Bratislava, Budapest, Oradea, Bucharest, Bielsko Biala and Warsaw, this acquisition adds an additional 11 new cities to Interoute's Pan-European network. http://www.interoute.com