Telecommunications

KT Corp. of South Korea Acquires Epsilon Telecommunications to Expand Global Footprint and Accelerate Digital Transformation

SINGAPORE, September 9, 2021 /PRNewswire/ — KT Corp. (KRX: 030200; NYSE: KT), South Korea largest telecommunications company, acquired Singapore– Headquartered Epsilon Telecommunications, a global connectivity provider that simplifies how businesses connect applications and data around the world and in the cloud. The acquisition aligns with Epsilon’s agile innovation in international networking with KT’s world-class telecommunications services, customers, leadership and resources.

“We are thrilled to announce the acquisition of Epsilon and welcome the team to the KT family of companies. Epsilon provides a mission-critical network for global digital transformation and maximizing the value of the cloud for enterprise customers. It has a great mix of technologies, teams and innovation that are directly aligned with KT’s vision of bringing digital platforms to businesses,” said Dr. Hyeonmo Ku, CEO of KT Corp. “ Epsilon delivers great value with its Infiny Platform and Global Network, which provides customers with an agile approach to global networking.Both companies share a vision for global digital transformation and the power of digital platforms to change industries. »

Epsilon NaaS Infiny platform provides enterprises with a suite of one-click high-performance connectivity and communication services.

KT benefits from Epsilon’s fully managed connectivity services with automation, orchestration and a complete end-to-end service delivery approach. Epsilon provides consistent and reliable connectivity to major data centers, clouds and Internet exchanges through its global private backbone network.

“The acquisition of Epsilon by KT is an important step in the journey of our company and recognition of the hard work of our teams around the world. Now is the time to support Epsilon with new resources and the support of a world leader in telecommunications. We look forward to continuing to grow Epsilon and delivering innovative solutions and experiences to our new and existing customers around the world,” said Michel-Robert, CEO of Epsilon Telecommunications. “The acquisition is a logical next step for both companies and a fantastic opportunity for customers, partners and internal teams.”

KT is gaining connectivity with major global communications and technology hubs in 41 cities, with an expanded presence across the Asia Pacific including mainland China. With Epsilon’s suite of connectivity solutions covering cloud connectivity, Ethernet (DCI), remote peering, access, SD-WAN, colocation and voice, KT is expanding its capabilities to meet the changing demands of carriers, channel partners and businesses around the world.

SOURCE Epsilon Telecommunications