Tramore entrepreneur Colm Piercy (43) is the majority owner of Viatel, one of the fastest-growing telecoms outfits in the country. It was formed by the €120m merger of Piercy’s Digiweb with European outfit Viatel in 2013.
Viatel owns 8,500km of transcontinental duct and fibre across Europe, through which it offers telecoms services to large businesses and other telecoms carriers. It inked a €125m funding deal with Proventus to help finance a major buying spree. Piercy also has investments in the fast-growing data centre business.