0
General

Go Internet completes acquisition of X-Stream for EUR 2.5 mln

Tuesday 20 October 2020 | 15:04 CET | News
Italian regional operator Go Internet said it has completed the acquisition of X-Stream, a Reggio Emilia-based operator specialising in cloud-based switchboards and unified communication. Go Internet paid a total of EUR 2.5 million for 100 percent of the capital of X-Stream, which had an EBITDA of EUR 500,000 on revenue of EUR 2.7 million in 2019.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: GO Internet
Countries: Italy
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Go Internet H1 revenues fall 7% to EUR 2.9 mln on Covid impact

Published 30 Sep 2020 11:07 CET | Italy
Italian regional operator Go Internet reported revenues of EUR 2.93 million in the first half of 2020, down 7 percent compared to ...

Go Internet buys Italian business operator X-Stream for EUR 2.5 mln

Published 07 Aug 2020 11:13 CET | Italy
Italian regional operator Go Internet has announced the acquisition for EUR 2.5 million of X-Stream, a Reggio Emilia-based ...

Go Internet sales fall to EUR 5.8 mln in 2019, leases 3.5 GHz rights to Linkem

Published 11 Jun 2020 10:51 CET | Italy
Italian regional operator Go Internet reported revenues of EUR 5.78 million in 2019, down around 13 percent from the EUR 6.63 ...

Italy's Go Internet lodges appeal against 3.5 GHz licence ruling

Published 04 Jun 2020 14:12 CET | Italy
Italian regional operator Go Internet has lodged an appeal before the country's Council of State against last year's ruling by ...

Italy's Go Internet launches 'Smart Working' home broadband service

Published 11 Mar 2020 14:23 CET | Italy
Italian regional operator Go Internet has announced the launch of a new service dubbed 'Smart Working', available in both mobile ...

Go Internet H1 revenues down 7% to EUR 3.2 mln on network upgrade

Published 30 Sep 2019 14:17 CET | Italy
Italian regional operator Go Internet reported revenues of EUR 3.16 million in the first half of 2019, down 7 percent compared to ...

Go Internet agrees EUR 3 mln loan to fund 5G rollout

Published 23 Sep 2019 15:22 CET | Italy
Italian regional operator Go Internet has signed a EUR 3 million loan agreement with a leading banking group, backed by a ...





Calendar   /   Industry Events

24 Nov SD-WAN & SASE Summit
25 Nov Partner Communications Q3 2020
26 Nov Telekom Malaysia Q3 2020
26 Nov Axiata Q3 2020
26 Nov Megafon Q3 2020
30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
::: More Calendar Items