As one of the country’s leading Internet Service Providers in Luxembourg, LuxNetwork has successfully completed the acquisition of the assets of Telecom Luxembourg International.

Telecom Luxembourg International is a privately owned global provider of next-generation hyper-connected and scalable solutions, such as Internet and managed networks, SD-WAN, Cloud, and Datacenter connectivity solutions. Their ambition is to redefine connectivity thanks to an innovative mindset, technology, and a new approach to customers, within the telecoms industry. It is the new edge of telecommunications, far from traditional telecom service providers: fast, flexible, and progressive.

Sharing the same fundamental principles, LuxNetwork provides a customer expertise backed by simplicity, speed and agility. Founded in 2012, the company provides connectivity solutions and network infrastructure services to support business challenges of corporate customers. LuxNetwork connects business customers around the world from the heart of Europe.

A strengthened presence on the Luxembourgish market.

The position of LuxNetwork in the national market will be fortified by this new acquisition. As a result, its presence and market share in Luxembourg as a key-player Service Provider in the Wholesales and Enterprise market is reinforced.

“We are very enthusiastic and positive about this acquisition as it is going to bring immense growth opportunities for everyone. Not only will it make our company stronger but it will also help us have a bigger market share. Moreover, the increased resources will help us perform better and deliver better products and services to all our customers and partners”, says Luc Lutot, CEO of LuxNetwork.

The acquisition was effective 1st September 2022, and no financial terms were disclosed.