Viatel is a Dublin-based telecoms operator. Viatel was founded in 1991 by Martin Varsavsky. In 1994, it went public on the Nasdaqstock exchange. Four years later, Varsavsky sold his stake in Viatel for US$200 million and left the company. In 1999, Viatel's market capitalization was valued at US$1.2 billion. At that time, Viatel's second-largest outside shareholder was George Soros while the largest outside stake was held by the global telecommunications companyCOMSAT. The European arm of Viatel was purchased in May 2013, by the Irish telecoms operator Digiweb. In November 2015 it was announced that Zayo was in the process of buying Viatel's UK and mainland Europe network, but leaving the Irish network to continue under the name of Viatel. The €98.8m transaction was completed on December 31, 2015. Since 2018, Viatel have driven new strategy as an Ireland & Europe focused business telecoms, cloud and cyber security provider, with significant Irish and global brands as customers. Viatel employs over 75 people headquartered in Dublin and serves > 1,000 business customers.
In May 2014 Viatel was nominated for Wholesale Service Provider of the Year, and Network Operator of the Year at the Comms Business Awards. Viatel has been named twice in consecutive years as a Best Managed company by Deloitte, 2014 and 2015 and also earned the title of Company of the Year at the 2015 Tech Excellence Awards. For a second year in a row, they were shortlisted for Wholesale Service Provider of the Year at the Comms Business Awards, came Highly Commended for Best Wholesale Service Provider at the Comms National Awards, and were nominated for Capacity Magazine's Global Carrier Awards for Best Pan-European Wholesale Carrier. In November 2015, they were nominated in Fingal Dublin's Business Excellence Awards for Business Growth Excellence Award, Large Employer of the Year Corporate Responsibility Award, and Multinational Employer of the Year Corporate Responsibility Award - Viatel won Large Employer of the Year.
