Retelit finalizes integration of Irideos and Brennercom, thus becoming the Italian telecommunications leader focused on B2B
MILAN - Aug. 1, 2024 - Retelit, one of Italy's leading telecommunications operators and a subsidiary of Asterion Industrial Partners, today announced the merger by incorporation of Irideos and Brennercom, a transaction that formally marks the final step in the integration process that had already begun after the acquisition of the two companies and marks a key milestone in the path of growth and consolidation.
Thanks to this integration Retelit presents itself even more firmly as an Italian telecommunications leader focused exclusively on the B2B market, able to offer a full range of services, from network infrastructure to fiber, from data centers to the cloud. The new Retelit positions itself as a strategic partner for Italian companies and public administrations, to support them in their digital transformation and process optimization with innovative, scalable and customized solutions that guarantee maximum reliability and security.
The benefits of the integration are also significant for telco operators and Over the Top, who have at their disposal a larger national network that is better integrated with international backbones, as well as colocation in Avalon Campus, Italy's largest interconnection hub equipped with historic telco spaces and "tier4" data rooms to meet new computing needs.
Jorge Àlvarez, CEO of Retelit, says “This merger represents a fundamental step in our growth strategy, a new chapter in our history. The new Retelit is born of the union of companies specialized in telecommunications, with a deep-rooted vocation for innovation, with a recognized experience in capturing the needs of the Italian and international B2B market, and closely connected with the local communities that we want to continue to enhance. For this reason, we will maintain the Brennercom brand, which has strong ties to the territory of Trentino Alto Adige. The completion of the integration allows us to strengthen our leading position in the Italian telecommunications market, offering our customers an increasingly satisfying and personalized experience. Customer at the center, skills, technologies and proprietary assets are our strengths, together with a constant focus on sustainability, which we feel is a strategic commitment for the benefit of our Customers and the Planet.”.
Key advantages of the merger- Wider range of services: UAn integrated offer of ICT services, from connectivity to data centers from cloud solutions to managed services.
- Key infrastructure for digitization: More than 43,000 km of fiber optics in Italy, international connections with 4 continents, a network of 34 data centers distributed throughout Italy and Avalon Campus, the most interconnected data center in Italy.
- Expertise and innovation: A team of highly qualified experts and a constant focus on technological innovation.
- Capillary presence on the territory: A strong presence on the national territory and a deep connection with local communities that comes from our history and remains an integral part of the way we work.
Retelit
Retelit is one of the leaders in Italy in the telecommunications sector, focused on the B2B market, with an offer that integrates infrastructure and digital solutions and with a widespread coverage of the Italian territory. With 25 years of history, strong vertical competencies, enabled also through an ecosystem of strategic partners, Retelit is the ideal partner for enterprises, public administrations, telco and OTT operators that want to face the challenges of innovation.
Retelit offers a full range of ICT services, from infrastructure to data, from networks to managed services. The combination of Retelit's proprietary assets (a capillary fiber optic network in Italy and around the world, a nationally distributed Data Center network and international submarine cables) and its expertise in innovation and digital technology has created a unique player in Italy capable of supporting customers in their digital transformation journey. Retelit is controlled by Asterion Industrial Partners. To learn more visit retelit.it
