HONG KONG, 2 February 2017 – CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (“CITIC Telecom”) (SEHK: 1883) announced it has finalized the acquisition of the telecommunication business of Linx Telecommunications B.V. (Linx Telecommunications), following completion of all regulatory clearances.

The acquisition further extends CITIC Telecom CPC’s global infrastructure and points of presence to the Central Asia, Central and Eastern Europe markets, including regions encompassed by China’s “One Belt, One Road” economic cooperation initiative.

The acquisition includes Linx’s 470 kilometer submarine fiber network in the Baltic Sea, and its network operations centers (NOCs) in Moscow and Tallinn, Estonia. The acquisition also includes Linx’s data center in Tallinn, which serves as Estonia‘s largest Internet Exchange (TLL-IX). These all cover high-growth potential markets including Russia, Eastern Europe, Central Asia, as well as Kazakhstan and others “Stan” region. Linx Telecommunications team members have also joined CITIC Telecom CPC as part of the acquisition, contributing their technical and Russian language proficiencies with local expertise toward expanding business in the regions.