{"id":8735,"date":"2022-09-06T17:26:03","date_gmt":"2022-09-06T16:26:03","guid":{"rendered":"https:\/\/telecomkh.info\/?p=8735"},"modified":"2022-09-06T17:26:03","modified_gmt":"2022-09-06T16:26:03","slug":"3i-infrastructure-plc-completes-acquisition-of-global-cloud-xchange","status":"publish","type":"post","link":"https:\/\/telecomkh.info\/?p=8735","title":{"rendered":"3i Infrastructure plc completes acquisition of Global Cloud Xchange"},"content":{"rendered":"

Investment strengthens global position of world’s largest private subsea fiber optic network operator<\/strong><\/p>\n

Global Cloud Xchange (\u00abGCX\u00bb or \u00abthe company\u00bb) announces the completion of 3i Infrastructure plc’s (\u00ab3i Infrastructure\u00bb) $512m investment to acquire a 100% stake in GCX, a leading global data communications service provider and owner of the world’s largest private subsea fiber optic networks. The transaction closed with the help from advisors, Moelis & Company, and following receipt of all required regulatory approvals.
\nGCX provides high-bandwidth connectivity and global managed network services including managed ICT, cyber security, and UCaaS solutions, to a range of blue-chip customers inclusive of hyperscalers, telecommunications operators, new media providers and enterprises throughout the world. Its 66,000km of cables span 46 countries from North America to Asia, with a particularly strong position on the Europe-Asia and Intra-Asia routes. 3i Infrastructure is partnering with GCX’s management team to invest in a leading platform for the sector, with the goal to increase the utilized capacity on GCX’s existing routes as well as to add new routes, services and customers.
\nDuring this period, global data traffic demand growth continues to exceed 25 percent per annum. At the same time, increasing demand for digital transformation is driving demand for global managed network services, with growth estimates approaching 10 percent per year. 3i’s acquisition of GCX will enable additional strategic investment in systems and services to create future value for customers. In July, GCX announced strong cash flow and steady linear growth, supporting increasing needs for fiber optic interconnectivity in both established hubs and emerging markets across its world-leading privately owned submarine networks.
\n\u00abWith 3i Infrastructure’s backing, GCX is well-positioned to support global growth and customer needs in key markets, including connectivity to India, across the Middle East, and enhanced managed services opportunities across Europe,\u00bb said Carl Grivner, GCX CEO. \u00abOur global teams continue to create innovative solutions to help customers grow with us.\u00bb
\nGCX enables new media providers, telecom carriers and enterprises to leverage growth opportunities and improve resilience through strategic subsea network capacity and diverse route offerings in high growth markets. The company’s network capabilities are supported by a team of industry experts providing consultative solutions, managed ICT, cyber security, and UCaaS services to some of the world’s most notable brands.
\n\u00abGCX represents a great addition to the 3i Infrastructure portfolio,\u00bb said Scott Moseley, 3i Managing Partner and Co-Head of European Infrastructure. \u00abThe company holds a valuable leadership position in an attractive and growing sector and we look forward to working with Carl Grivner and his experienced management team to continue GCX’s growth.\u00bb<\/p>\n

Above, Scott Moseley, 3i Managing Partner and Co-Head of European Infrastructure \/ Image credited to 3i Infrastructure<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Investment strengthens global position of world’s largest private subsea fiber optic network operator Global Cloud Xchange (\u00abGCX\u00bb or \u00abthe company\u00bb) announces the completion of 3i Infrastructure plc’s (\u00ab3i Infrastructure\u00bb) $512m investment to acquire a 100% stake in GCX, a leading global data communications service provider and owner of the world’s largest private subsea fiber optic … <\/p>\n

Continue reading \u00ab3i Infrastructure plc completes acquisition of Global Cloud Xchange\u00bb<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":8736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/8735"}],"collection":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8735"}],"version-history":[{"count":1,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/8735\/revisions"}],"predecessor-version":[{"id":8737,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/8735\/revisions\/8737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/media\/8736"}],"wp:attachment":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}