XConnect acquires Flexagon’s assets
XConnect has acquired the assets of German number and triple-play portability service provider Flexagon.
The move is said to strengthen XConnect’s position in the German portability and registry services market, where it will have a customer base of over 60 networks.
“Germany is both the largest and most fragmented telecoms market in Europe, with strong demand for portability services. We have had tremendous success in Germany and see this acquisition as an opportunity to expand our portfolio of services while adding further expertise in our local operations,” says Eli Katz, CEO at XConnect.
The deal follows XConnect’s acquisition of sms eSolutions in Germany in 2014.