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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
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
Category Company
Founded 1981
Sector Communications
Employees14,020
Revenue 26.38T KRW (2024)
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 3 of 3
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Singapore M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-10 BC Card

Seoul, South Korea

BC Card is a payment processing company, providing end‑to‑end services to financial institutions and merchants. Its offerings include credit, debit, and prepaid card issuance. BC Card was founded in 1982 and is headquartered in Seoul, South Korea.

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