Kore Digital Enhances Telecom Infrastructure Services through Major Acquisitions

Franken Telecom Private Limited

Franken Telecom, incorporated on July 8, 2024, specializes in providing infrastructure facilities to various telecom companies. Kore Digital is acquiring 4,900 equity shares, representing 98% ownership, at a face value of ₹10 per share. This acquisition will enable Kore Digital to optimize resources, reduce costs, and improve operational efficiencies across its telecommunication infrastructure projects.

Wolter Infratech Private Limited

Wolter Infratech, established on July 9, 2024, is engaged in specialized engineering and civil works. Kore Digital is acquiring 4,900 equity shares, equating to 98% of the company’s equity, at a face value of ₹10 per share. By integrating Wolter Infratech’s skilled workforce and technical expertise, Kore Digital aims to enhance its engineering capabilities and deliver high-quality infrastructure solutions.

KDL Realinfra Private Limited

KDL Realinfra, incorporated on March 19, 2024, brings expertise in infrastructure activities to Kore Digital’s portfolio. With the acquisition of 9,800 equity shares (98% of the total equity) at a face value of ₹10 per share, Kore Digital seeks to leverage KDL Realinfra’s industry relationships to explore future collaborations and drive growth in the infrastructure domain.

These acquisitions reflect Kore Digital Limited’s strategic approach to scaling its business and delivering comprehensive telecommunication and infrastructure services. By integrating the strengths of Franken Telecom, Wolter Infratech, and KDL Realinfra, Kore Digital is poised to enhance its competitive edge.