Viatel is a
Dublin
Dublin (; , or ) is the capital and largest city of Republic of Ireland, Ireland. On a bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, bordered on the south by the Dublin Mountains, a part of th ...
-based telecoms operator.
Viatel was founded in 1991 by
Martin Varsavsky. In 1994, it went public on the
Nasdaq
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
stock exchange. Four years later, Varsavsky sold his stake in Viatel for US$200 million and left the company.
In 1999, Viatel's market capitalization was valued at US$1.2 billion. At that time, Viatel's second-largest outside shareholder was
George Soros
George Soros ( name written in eastern order), (born György Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. , he had a net worth of US$8.6 billion, Note that this site is updated daily. having donated mo ...
while the largest outside stake was held by the global telecommunications company
COMSAT
COMSAT (Communications Satellite Corporation) is a global telecommunications company based in the United States.
By 2007, it had branches in Brazil, Argentina, Colombia, Mexico, Peru, Venezuela and several other countries in the Americas. A ...
.
The European arm of Viatel was purchased in May 2013, by the
Irish
Irish may refer to:
Common meanings
* Someone or something of, from, or related to:
** Ireland, an island situated off the north-western coast of continental Europe
***Éire, Irish language name for the isle
** Northern Ireland, a constituent unit ...
telecoms operator
Digiweb
Digiweb is a telecommunications company in Ireland, supplying business and consumer broadband and web hosting.
Digiweb is 100% Irish-owned and run, and is headquartered in Dundalk, County Louth, with its technical, installation and sales offic ...
.
In November 2015 it was announced that
Zayo was in the process of buying Viatel's UK and mainland Europe network, but leaving the Irish network to continue under the name of Viatel. The €98.8m transaction was completed on December 31, 2015.
Since 2018, Viatel have driven new strategy as an Ireland & Europe focused business telecoms, cloud and cyber security provider, with significant Irish and global brands as customers. Following considerable organic growth and a series of acquisitions, Viatel now employs over 275 people with locations in Dublin, Dundalk and Limerick.
Awards
In May 2014 Viatel was nominated for Wholesale Service Provider of the Year, and Network Operator of the Year at the Comms Business Awards.
For a second year in a row, they were shortlisted for Wholesale Service Provider of the Year at the Comms Business Awards, came Highly Commended for Best Wholesale Service Provider at the Comms National Awards, and were nominated for Capacity Magazine's Global Carrier Awards for Best Pan-European Wholesale Carrier.
Viatel is a Deloitte Best Managed Company and was honoured to be named as Cisco Transformation & Innovation Partner Award Winner 2021.
In January 2022, Viatel announced the acquisition of the
Limerick
Limerick ( ; ga, Luimneach ) is a western city in Ireland situated within County Limerick. It is in the province of Munster and is located in the Mid-West which comprises part of the Southern Region. With a population of 94,192 at the 2016 ...
-based digital transformation services provider, ActionPoint.
References
External links
* {{Official website, https://www.viatel.com/
Telecommunications companies of the United Kingdom