Circet Deutschland Acquires Tele Media
Circet further strengthens its turnkey services offering and its footprint in Germany by joining forces with telecom civil engineering specialist Tele Media
Circet, the leading provider of turnkey services for fixed and mobile telecom networks in Europe, announced the acquisition of Alfatech, a specialist in telecom, data, security, and electrical engineering.
Michael Hegemann, CEO of Circet Deutschland said: “The addition of Tele Media provides Circet Deutschland with enhanced technical capabilities in the dynamic German FTTH construction and maintenance markets. It also strengthens our national footprint with a strong position in Northern and Eastern Germany. We are very excited to welcome Ronny and Tim Krolik as well as all Tele Media employees to drive additional value to our customers and complement our turnkey services offering.
“It was very important for us to find a renowned, high-performance and responsible partner for our customers, business partners and above all for our employees. We are convinced that we have succeeded in this in the best possible way with Circet and see it as a great opportunity for Tele Media to become part of the group and its success story”, added Ronny and Tim Krolik, founders and managers of Tele Media.
About Tele Media
Tele Media was founded in July 1996 by Ronny Krolik to provide network construction and maintenance services to telecom carriers. The company, headquartered in Laage (Germany), currently employs c. 200 people and generated over €50 million in revenues in 2022. Tele Media has long-standing relationships with key German telecom operators and is among the largest and most reputed telecom infrastructure contractors in Northern and Eastern Germany.
Circet is the leading network infrastructure services provider in Europe. The company operates in the fast-growing network infrastructure services market, supported by massive investments for rolling out fixed and mobile super-fast broadband. As the leader in Europe (notably in France, the United Kingdom, Ireland, Germany, Italy, Spain, Belgium, and the Netherlands), Circet’s customer base includes the leading telecom operators (Orange, Altice, Iliad, British Telecom, Eir, Deutsche Telekom, Telefonica, Vodafone, Proximus, KPN, TIM, Open Fiber, AT&T, Verizon, among others), local authorities and companies specializing in rural deployment to bridge the digital divide, and key government-owned and private companies that own infrastructure. Circet is present in 14 countries, with pro forma revenues in excess of €3.5bn in 2022 and over 15,000 employees.