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Investment alongside Asterion Industrial Partner with the aim to consolidate Retelit’s and Irideos’s positions in the Italian telecom sector by merging the two highly complementary businesses and creating the most significant alternative wholesale access and B2B connectivity provider in Italy with a network of 42,000 fibre km and 34 data centres.
Retelit is one of Italy’s leading independent wholesale providers of fibre services, with a platform of around 15,000 km of fibre, including metropolitan networks in the 14 largest cities, as well as 19 data centres. It offers wholesale access, B2B connectivity and ICT solutions and services to its customers ranging from large telecommunications companies to small and mid-sized corporates.
Irideos is a leading Italian digital infrastructure operator offering connectivity, data centre and cloud solutions through a network of 27,000 km fibre optic routes along motorways, the Adriatic coast, metro areas, and 15 data centres. The company’s key data centre is the Avalon Campus, the largest Italian interconnection hub strategically located at the same location of the Milan Internet Exchange. Marguerite has been an investor in Irideos since 2017.