Celeste continues expansion with acquisition of regional operator PacWan

Thursday 12 September 2019 | 11:22 CET | News

French B2B operator Celeste announced an agreement to acquire 100 percent of PacWan, a telecom specialist serving businesses in the Provence-Alpes-Cote d’Azur (PACA) region. The move follows two similar deals in July and September with regional fibre operators Via Numerica and Option Service Telecom respectively. This recent expansion has been backed by InfraVia Capital Partners, which became the majority shareholder of Celeste in March.

Based in Aix en Provence, PacWan generated revenues of EUR 8 million in 2018, serving approximately 1,000 B2B clients. The company has invested in its own fibre-optic network covering eight areas within the Bouches-du-Rhone department. Access to this 200 km network is available to other telecom operators.

Among its B2B offerings, PacWan also sells cloud and hosting services across seven data centres, located in Aix en Provence, Marseille, Montpellier, Paris, Nantes, Toulon, and La Ciotat.

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Categories: Fixed
Companies: Celeste
Countries: France
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