Versatel AG
Overview
Versatel doesn't care whether you say "auf wiedersehen" or "hallo." The company is one of Germany's largest providers of voice, Internet, and data services. Its residential business markets primarily broadband Internet access and DSL. Versatel offers business customers voice, broadband, and VPN (virtual private network) products and support. Versatel also provides other network operators and Internet providers with network capacity on a wholesale basis. The company's service area covers most German states. In 2011 private equity firm KKR & Co. bought a majority stake in Versatel from Apax Partners, United Internet, and Cyrte Investments.
Key Numbers from Hoover's UK
Key financials for Versatel AG
| Company Type | Private |
|---|---|
| 2010 Sales (mil.) | £620.8 |
| 1-Year Sales Growth | (10.4%) |
| 2010 Net Income (mil.) | (£104.5) |
| 2010 Employees | 1,283 |
TIP: Understand how a company performs against its industry by reviewing Comparison Data. Column-to-column comparisons to the industry and the market are available with a Hoover's subscription.
TIP: Subscribers have access to detailed financial data (income statement, balance sheet, cash flow) for more than 500,000 public and private companies in the UK.
Key People from Hoover's UK
Key people and executives for Versatel AG
| Chairman | Roland Steindorf (Subscribers see complete biographies -- view sample)
|
|---|---|
| CEO | Alain D. Bandle |
| COO | Joachim Bellinghoven |
TIP: Use Build Executive List to target decision makers by industry, geography, sales, net income, and number of employees.
Top Competitors from Hoover's UK
Top competitors of Versatel AG
There are 10 competitors for Versatel; see more.TIP: Analyze the Competitive Landscape to view a head-to-head comparison of a firm's profitability, operations, growth, and valuation versus that of its top three competitors.
Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
See All ProfilesHoover's Industries
More Industry InformationTIP: Hoover's proprietary industry structure allows you to tell at-a-glance how diversified a company's operations are, and which line of business can be considered a company's primary industry.
