Invitech reshaping into two business units

2 Jul 2019

Hungarian corporate telecoms/ICT provider Invitech Solutions is restructuring into two business units, Budapest Business Journal reports. The new infrastructure and carrier services unit will offer access to dark fibre, towers, colocation, managed leased line and Ethernet services, with responsibility for development and operation of fibre, transmission, radio and data centre infrastructure. The enterprise services unit’s products will include connectivity, cloud, voice, security and end user support services, with a focus on integrated ICT solutions that create value for customers and accelerate their digital transition.

TeleGeography notes that Invitech – backed by CEE Equity Partners, representing China Central & Eastern Europe Investment Co-operation Fund – was spun off from Hungary’s Invitel group in May 2018 when the remainder of the latter was acquired by rival multi-play broadband operator DIGI. Invitech today operates a 10,450km backbone and backhaul network across Hungary, covering the country’s largest 100 cities/towns, with eleven border crossings, plus five data centres. Its portfolio also includes LoRaWAN-based IoT network services.

Hungary, Invitech Solutions