EXA Infrastructure has announced the acquisition of Global Communication Net AD (GCN), a Bulgarian telecommunications company with a 2,500 km fibre-optic network. The deal extends EXA’s network assets into South-Eastern Europe, adding strategic interconnection points in Turkey, Greece, Romania, and other neighboring countries. This expansion supports EXA’s mission to provide robust digital infrastructure across the region, catering to the increasing traffic volumes from Asia and the Middle East. The transaction, led by DB Capital Ltd., is expected to close in the fourth quarter of 2024.
The acquisition includes all of GCN’s services, such as dark fibre, wavelength, and colocation, enhancing EXA’s overall service portfolio. GCN’s 100 km metro network in Sofia, connecting key data centers and business hubs, will also be integrated. These assets will play a crucial role in EXA’s strategic aim to offer more route options and network scalability across Europe. The acquisition aligns with EXA’s broader goals of bolstering network redundancy and optimizing route diversity in the region.
With this deal, EXA Infrastructure now owns 155,000 km of fibre network infrastructure across 37 countries, further cementing its position as a major player in the global digital infrastructure market.
EXA Infrastructure, a portfolio company of I Squared Capital, operates one of the largest dedicated digital infrastructure platforms in the world. It offers a diverse range of services, including ultra-low latency and high-bandwidth networks for mission-critical operations. Its transatlantic cables and extensive fibre networks connect key markets across Europe, North America, and beyond.
- EXA to acquire GCN’s 2,500 km fibre network in Bulgaria
- Deal expands EXA’s footprint in South-Eastern Europe
- GCN assets include dark fibre, wavelength, colocation, and metro network services
- EXA now owns 155,000 km of fibre network across 37 countries
“By adding the GCN assets into our expanding network, we continue to offer our customers more route options and more scalability traffic into and around Europe,” said Steve Roberts, SVP of network investments at EXA Infrastructure.