Direct One closes the acquisition of Netcity Telecom

Direct One S.A. has closed its acquisition of Netcity Telecom, the operator of the underground fiber optic infrastructure network of Bucharest from its former owners – UTI Netcity Investments BV and UTI Grup SA. The Netcity acquisition ends a process started in 2015 by Direct One, an independent and neutral provider of fiber optic infrastructure. The acquirer, part of Electrogrup group of companies, which is controlled by the Romanian entrepreneurs Teofil Mure?an and ...

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