Telecom provider GTS Central Europe ups profit by 9%

Telecom services provider GTS Central Europe (GTS) saw an improvement in its revenues in 2011, to EUR 396 million, an increase of 2 percent compared to the year before. The profit before taxes stood at EUR 99 million, a growth of 9 percent on 2010. The company operates with a 25 percent profit margin.

“In addition to acquiring a data center company in the Czech Republic, we invested heavily in expanding the capacity and depth of our network. On average, GTS added over 100 buildings per month to our footprint. We also accelerated our entry into the ICT solutions market with new products and platforms,” said Danny Bottoms, CEO of GTS. The company is also active in Romania. Last year, GTS introduced several new services, such as GTS Media Line, which offers a transmission service optimized for broadcasting and cloud service GTS Virtual Server. GTS owns and operates a fiber optic and data center network throughout the region. In the Czech Republic, Hungary, Poland, Romania and Slovakia, the company combines its regional footprint with local networks. The GTS own network exceeds 1,000 km of fibre optics, in addition to its Ethernet and radio networks. The acquisition of Romanian telecom operator Datek in June 2010 gave GTS an additional 400 kilometers of metropolitan fibre network. GTS Telecom is one of the founding members of Romanian Network for Internet eXchange (RoNIX) and hosts part of the exchange / interconnection infrastructure at data center. GTS Telecom is based in Bucharest and has approximately 125 employees. editor@romania-insider.com