October 23, 2016 3:10 AM ET

Diversified Telecommunication Services

Company Overview of euNetworks Group Limited

Company Overview

euNetworks Group Limited, an investment holding company, provides bandwidth infrastructure services in Europe. The company operates through two segments, Network Business, Data Centres and Colocation. It owns and operates duct and fiber based networks; metro wavelengths that support bandwidth connectivity to data centers, as well as support bandwidth between buildings; and long haul wavelengths, an inter-city network. The company also provides communications infrastructure and networking solutions and services to corporate companies, carriers, and service providers; Ethernet and Internet services; data center colocation and connectivity services; and euTrade services, including designing, en...

15 Worship Street

London,  EC2A 2DT

United Kingdom

Key Executives for euNetworks Group Limited

Chief Executive Officer, Executive Director, Member of Nominating Committee and Member of Remuneration Committee
Age: 52
Chief Financial Officer and Executive Director
Senior Vice President of Operations
Chief Sales Officer and Head of France
Company Secretary
Compensation as of Fiscal Year 2016.

euNetworks Group Limited Key Developments

euNetworks Group Limited Announces Earnings Results for the Second Quarter Ended June 30, 2016

euNetworks Group Limited announced earnings results for the second quarter ended June 30, 2016. For the quarter, the company reported net sales of €937,000 compared with €796,000 for the same period a year ago. Total Revenue was €32.2 million compared with €29.2 million for the same period a year ago. Adjusted EBITDA was €10.7 million compared with €8.2 million for the same period a year ago. Capital expenditure was €16.1 million compared with €9.8 million for the same period a year ago. Proxy cash outflow was €5.6 million compared with €1.6 million for the same period a year ago.

euNetworks Supports TVT with Fibre Network across London

euNetworks announced that it has added an additional fibre connection to independent media services and post-production house, TVT, doubling TVT’s capacity. euNetworks is the underlying fibre network provider across London and has been working closely with TVT since 2014, delivering scalable connectivity into key sites in support of the growth in demand of its distribution services by clients. TVT has dual and diverse connections to protect clients’ services. TVT offers services from ingest through to online distribution, and continues to grow its digital media and production business. In November 2015 it launched a new media management platform ContentSelect, a cloud based platform that efficiently manages operations, streamlines workflows and ensures content is edited, packaged and delivered on time, to the correct specifications and in the high quality possible.

euNetworks Group Limited Expands Media Connect Solution into UK

euNetworks Group Limited announced it has expanded its Media Connect solution into Manchester’s MediaCityUK. This investment delivers customers a seamless network experience from London through to Manchester and onwards to Europe, with diversity and true scalability. The company has invested in connections to key media areas around the UK and Europe. This includes fibre from Chiswick Park to the west of London, to Wood Lane and Soho, further east to Here East in Stratford as well as up to Manchester’s MediaCityUK and to Hilversum in the Netherlands. The additional diversity and direct fibre connection into dock10’s facility in MediaCityUK, extends the uniqueness of euNetworks’ project based contracts and service delivery experience to a wider geography for media clients.

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Recent Private Companies Transactions

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