LATAM carrier Neutrona Networks acquired by Transtelco

Transtelco, a fiber infrastructure communication solutions provider, has acquired Miami-based Neutrona Networks International, a software-defined network service provider that spans Latin America and the Caribbean with an international footprint in the US, Europe, and Asia.

Financial terms of the deal were not disclosed.

Miguel Fernandez – Transtelco CEO said: “We are excited to welcome Neutrona onto the Transtelco platform and into our ecosystem of family-owned companies, whose legacy of operating global businesses stretches back over 100 years.

“Neutrona’s co-founders Luciano Salata and Mateo Ward have built a world-class company whose core values align well with our own.”

Transtelco owns and operates fiber-dense network infrastructure spread over nearly 15,000 miles across the US and Mexico.

LATAM carrier Neutrona Networks acquired by Transtelco. Photo courtesy of Tumisu from Pixabay.

According to Miguel Fernandez, the acquisition enables the Texas-based firm to extend its footprint beyond its core network and geography and provide a complete solution across the Americas. The acquisition is expected to further improve its capabilities for its customer base of global clients.

Luciano Salata – Neutrona Networks co-founder said: “Transtelco offers Neutrona a platform that will accelerate the next step of our overall growth strategy and allow us to continue to re-write the rules of telecommunications within Latin America and beyond.

“We will continue to efficiently solve complex, global connectivity challenges for wholesale and enterprise customers, while gaining access to a unique and expansive fiber network to leverage between the United States and Mexico.”

For Transtelco, the financial advisor during the deal is UBS Investment Bank, while Morgan Lewis & Bockius is the legal counsel. On the other hand, for Neutrona Networks, the financial advisor is Bank Street Group.