M/20/039 – Cube Telecom/GTT Communications

Transaction details

The proposed acquisition by Cube Telecom Europe BidCo Limited of the network infrastructure business from companies that form part of the GTT Communication Group, has been cleared by the Competition and Consumer Protection Commission.

Notification date Decision date
Wednesday December 23, 2020 Thursday, January 14, 2021
Parties Involved Business activities
Cube Telecom Europe BidCo Limited ("Cube")

Cube is a special purpose vehicle registered in the UK established for the purpose of the Proposed Transaction. Cube's parent company is an independently managed global infrastructure investment manager focusing on the energy , utilities, telecoms, healthcare and transport sectors in North America, Europe and certain other high-growth economies around the world.

GTT Communications Group ("Target Business")

The Target Business consist of the network infrastructure of companies which are part of the GTT Communications Group. The Target Business provide cloud networking services with a broad portfolio of global services to multinational enterprises with a geographic focus in the US and Europe.

Economic sector Media merger
Telecommunications No
Submissions from third parties due by:
Phase 1 Phase 2
Thursday, January 7, 2021
Current status: Completed
Simplified Merger Notification
Authorised Officer Assigned Contact Details
Cathal Hanley

direct line: +353 1470 3681

email: cathalhanley@ccpc.ie

Media enquiries: communications@ccpc.ie

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