Transtelco recently acquired Neutrona Networks, a software-defined service provider spanning LATAM and the Caribbean with an international presence in the U.S., Europe and Asia.
This strategic acquisition enables Transtelco to extend its reach beyond its core network and geography, offering a complete solution that extends throughout the Americas — further enhancing its capabilities for its global client base. Transtelco customers now have access to a network that includes over 15,000 miles of local fiber, over 30 global PoPs, and more than 160 local access providers.
Neutrona co-founders Luciano Salata and Mateo Ward joined Transtelco’s executive team following the acquisition. Both will play a key role in the combined organization.
“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,” explained Salata. “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.”
Ward also commented on the announcement.
“This transaction delivers substantial financial and operating benefits to our combined companies and provides a winning solution for all of our clients. Transtelco has deep operating experience in our core growth markets, the U.S. and Mexico, and we believe we can further complement their expansion plans beyond their current footprint,” explained Ward. “We appreciate the outstanding work of the Neutrona team and the ongoing loyalty of our clients and partners. We look forward to a seamless integration with Transtelco over the coming months.”
UBS Investment Bank served as the exclusive financial advisor and Morgan Lewis & Bockius LLP provided legal counsel to Transtelco. Deutsche Bank provided the acquisition financing. Bank Street Group LLC served as the exclusive financial advisor to Neutrona.