KT acquires 100% stake in global data company Epsilon.
Strengthening DX through Epsilon's London/New York/Singapore IDCs
We will continue to pursue M&A with global telecommunications companies.


Global Data provides IT platforms and solutions, including international leased lines, Ethernet, VPNs (Virtual Private Networks), and SD-WANs (Software-Defined Wide Area Networks), based on overseas infrastructure such as PoPs (Overseas Branch Offices), data centers, and submarine cables, to domestic and international customers and telecommunications companies. The market is projected to reach KRW 100 trillion by 2025.

KT announced on the 9th that it signed a stock purchase agreement (SPA) to acquire 100% of the shares of Epsilon Global Communications Pte. Ltd., a global data company owned by Malaysia's Kuok Group, for USD 145 million (approximately KRW 170 billion).

This acquisition was a joint investment with Daishin Private Equity, a subsidiary of Daishin Securities. Founded in London in 2003, Epsilon has over 260 points of presence (PoPs) in 41 cities across 20 countries and operates three IDCs in London, New York, and Singapore. Its main business bases are Singapore, the UK, the US, Bulgaria, and Hong Kong.

KT CEO Koo Hyun-mo said, “In the past, domestic companies that expanded overseas faced many inconveniences when trying to use data connection services between headquarters and branches,” and added, “With the acquisition of Epsilon, which has a global service base, we can now provide a one-stop global data service.”

Epsilon provides global data services, data centers, and cloud connectivity based on PoPs to telecommunications companies and corporate customers worldwide. Its on-demand customer service, "Infiny," offers flexible services on a digital platform, earning high customer satisfaction from global customers. Combining their global network, sales bases, and technological prowess with KT's ICT and sales capabilities and domestic B2B customer base is expected to generate significant synergy.

The acquisition of Epsilon will allow KT to expand its global data infrastructure offerings and customer base beyond its existing focus in Asia to include Europe and the US. Furthermore, it will gain access to Epsilon's data centers and cloud solutions in key global locations. KT plans to offer advanced services, including data center interconnection (DCI), heterogeneous cloud integration, and SD-WAN, in addition to existing line connectivity services such as international leased lines.

Going forward, KT plans to pursue strategic mergers and acquisitions (bolt-on M&A) of companies in essential global communications sectors, including IT platforms, data centers, and submarine cable infrastructure.