Euroweb Acquires Romanian ISP

LONDON (03/21/2000) - Euroweb International Corp. has signed a letter of intent to acquire Romanian ISP (Internet service provider) Mediator SA, the company said in a statement issued yesterday.

Financial details of the agreement were not available.

The New York-based company's recent buying spree of European ISPs includes the recent acquisition of Sumitkom Rokura SRL, another Romanian ISP, and ten other deals in the last nine months.

Last month, Koninklijke KPN NV of the Netherlands purchased a 51 percent stake in Euroweb. [See "KPN Buys into More Eastern European ISPs," Feb. 18.]Euroweb International, in New York, can be reached at +1-908-879-8886.

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