The telecom activities known by the brand name ‘Linx Telecom’ have been sold to the CITIC Telecom CPC International Limited (‘CITIC Telecom CPC’), a company substantially owned by the Chinese conglomerate CITIC Group. The acquisition fits well into the recent strategy of the Chinese government known as ‘One Belt – One Road’. This program focuses on the investment and development of countries along the ‘Silk Road belt’. As a result of the acquisition of Linx Telecom, CITIC Telecom CPC’s network will connect Europe, Russia and Central Asia with their network in Asia and the rest of the world.
With the finalization of all legal formalities, Linx Telecommunications is now formally a subsidiary of CITIC Telecom CPC. This means that in addition to serving our customers within our existing network footprint in Europe and Central Asia, from today we have access to all of the capabilities, products, and coverage that come from the CITIC Telecom CPC portfolio. We hope you will find that these enhanced capabilities are beneficial to your business needs and potential expansion plans.
Linx Telecom, with the full support of CITIC Telecom CPC, will continue our unyielding dedication to our customers everywhere, while also taking advantage of the capabilities of our new parent company to better navigate and innovate in a new era in ICT.
What will not change is our commitment to providing you with the highest quality service, as well as delivering more cost effective communication solutions and managed services to address customer needs, a mission that we have undertaken from day one. In addition, we will continue to strive to take advantage of technological and operational synergies within our new group of companies in order to create long-term value for our valued customers.
You will be hearing more from us about our plans to expand and consolidate the joint business of CITIC Telecom CPC and Linx Telecom during the course of 2017.