M&A Deal Summary

KT Acquires Epsilon Telecommunications

On September 9, 2021, KT acquired communications company Epsilon Telecommunications

Acquisition Highlights
  • This is KT’s 1st transaction in the Communications sector.
  • This is KT’s 1st transaction in Singapore.

M&A Deal Summary

Date 2021-09-09
Target Epsilon Telecommunications
Sector Communications
Buyer(s) KT
Deal Type Add-on Acquisition

Target

Epsilon Telecommunications

Singapore, Singapore
website
Epsilon Telecommunications is a global connectivity provider that simplifies how businesses connect applications and data around the world and in the cloud. Epsilon Telecommunications was formed in 2002 and is based in Singapore.

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Buyer(S) 1

Buyer

KT

Seongnam, South Korea

website


Category Company
Founded 1981
Sector Communications
Employees20,705
Revenue 24,898.0B KRW (2021)
DESCRIPTION

KT also known as KT formerly Korea Telecom, in Korean ???? ???, is a South Korean integrated wired/wireless telecommunication service provider. KT was founded in 1981 and is based in Seongnam, South Korea.


DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Singapore) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-27 Korea Digital Satellite Broadcasting

Seoul, South Korea

Korean digital satellite paid-TV broadcaster with over 2 million subscribers.

Buy ₩246M