P&T Luxembourg and Global Sky Park GmbH (GSP) set the Course for the Development of Worldwide Business

LUXEMBOURG and FRANKFURT, KÖNIGSTEIN, SAARBRÜCKEN, Germany, July 1, 2013 /PRNewswire/ --

P&T Capital buys 50 percent of the shares of Global Sky Park GmbH (GSP) and thus ensures itself a direct participation in EuroSkyPark GmbH (ESP).

P&T Capital, a wholly owned subsidiary of P&T Luxembourg (the leading postal and telecommunications operator in the Grand Duchy of Luxembourg) buys 50 percent of Global Sky Park GmbH (GSP), Königstein, Frankfurt, and thus ensures itself a direct participation in EuroSkyPark GmbH (ESP), Saarbrücken. 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 an international market leader for stationary and mobile satellite communication solutions for industrial customers in the fields of energy, utilities, plant engineering, logistics and security. In recent years, P&T Capital has made carefully targeted investments in enterprises of the data communication and data processing fields. By purchasing a 50 % share in Global Sky Park, a strong and powerful corporate alliance has been created by concentrating business activities and technical resources. The know-how, innovative force and capacities available here represent a novelty in this fast growing market.

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

Global Sky Park, as an international provider of satellite communication solutions, has enjoyed enormous growth - benefiting from the restructuring in the energy and utilities networks. Last year alone, EuroSkyPark connected 2,500 wind turbines to the electrical grid. Increasingly, Global Sky Park is receiving requests from regions outside Europe. The participation of P&T Luxembourg is a very important success factor in this context in order to meet the increasing requirements in the control of energy networks in international business in the coming years.

Press contact for P&T Luxembourg:
Olivier Mores
Email: Olivier.Mores@ept.lu
Tel: +352-4765-4495

Press contact for Global Sky Park:
Thomas Fuchs
Email: fuchs@globlskypark.com
Tel: +49-171-4483168