13 Nov lyntia enters Portuguese connectivity market with 1,100 km fiber acquisition
– The company has reached a strategic agreement with with Gigas to develop joint business in the Iberian market.
– This acquisition will allow lyntia to complement and extend its significant Spanish footprint with strategic routes to key Portuguese cities, landing stations and data centers.
13th November 2023.- Lyntia, a leading neutral operator in dark fiber and capacity services, enters the Portuguese transmission market, further strengthening its leadership position in the Iberian market. The company has reached a strategic agreement with Gigas, through its Portuguese subsidiary ONI, to acquire part of its fiber assets in Portugal, thus ensuring an additional proprietary terrestrial fiber network of 1,100 kilometers further strengthening its position in the Iberian Peninsula. The acquisition includes strategic routes that connect Portugal’s main cities (Lisbon, Porto, Braga, Sines, and others), to landing stations, data centers, and fiber assets in Spain.
This expansion will allow lyntia to offer high-quality, low-latency, and high-capacity fully integrated connectivity solutions throughout the Iberian Peninsula. The acquisition will support the company’s growth in the region and strengthen its presence in the Southern European connectivity market. The acquisition, alongside lyntia’s partnership with Nokia (allowing use of its DWDM network), will allow the firm to offer colocation services through 65 Points of Presence and end-to-end capacity services throughout the Iberian Peninsula, with more than additional 2.800 km in Portugal connecting main cities in both countries. “This acquisition is a significant step in lyntia’s growth strategy, as we invest in a new market to provide additional value to our customers,” said Jose Antonio Lopez, CEO of lyntia.
“Lyntia continues executing an ambitious deployment plan to connect the landing stations of submarine cables in the Iberian Peninsula (Lisbon, Sines, Bilbao, Barcelona, and Santander) with main Data centres & Cloud Regions, ensuring minimal latency, optimal quality, and capacity. The goal is to become, through our unique infrastructure network, the key partner for the Telco and Cloud industry in the transition to the digital era, contributing to environmental sustainability in Southern Europe.”
About lyntia Networks
lyntia Networks is a leading neutral operator in the wholesale telecommunications market, oferring dark fibre and capacity services in Spain. The company has a network of over 46,000 km of fibre optic cable, which connects the main cities and economic centres in the country. lyntia offers a wide range of services to its customers, including dark fiber, capacity, and FTTH wholesale service, VSAT, internet and co-location services.
Lyntia Networks connects the most important cities in the country and serves over 3,200 towns. In addition, it has connections with the main mooring points for submarine cables and Data Centres on the Peninsula.
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