Global TeleSystems Group Inc. (McLean, VA) announced that its Hermes Europe Railtel subsidiary has

Aug. 1, 1998

Global TeleSystems Group Inc. (McLean, VA) announced that its Hermes Europe Railtel subsidiary has acquired a majority interest in Ebone A/S (Copenhagen), one of the largest Internet backbone providers in Europe, for 90 million European Currency Units (ecu). As part of the transaction, Ebone will purchase long-term capacity rights on the her network valued at ecu 90 million. her will provide Ebone with capacity to 622 Mbits/sec between the majority of European cities that Ebone serves.

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