P&T Luxembourg buys into Global Sky Park

P&T Capital, a wholly owned subsidiary of P&T Luxembourg, announced it will buy 50% of Global Sky Park GmbH,

P&T Capital won the bidding process against a British and a French investor. Global Sky Park is thus strongly positioned for international business with satellite communication solutions.

Global Sky Park, up to now a partner in the very successful EuroSkyPark GmbH, is a provider for stationary and mobile satellite communication solutions for industrial customers in the fields of energy, utilities, plant engineering, logistics and security.

P&T Luxembourg has been active in the satellite field for more than 20 years and owns telecommunication and ICT infrastructures, including uplink ground stations, the pan-European fibre optic broadband network Teralink and data-centers.

Global Sky Park is an international provider of satellite communication solutions.