BT to buy services company INS for $196M
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InfoWorld - U.K. telecommunications carrier BT Group plans to extend its enterprise services offering in the U.S. with the acquisition of International Network Services.
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BT Group has sold its stake in the satellite operator Eutelsat as part of a growing focus on its core business. The sale marks BT&#39;s exit from the satellite business and ends a 25-year-old tie with the operator which it helped co-found in the late 1970s.
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IBM has won a $972 million, seven-year services contract to help move U.K. bank Lloyds TBS to a converged voice and data network that improves connectivity for more than 2,000 national branches and 4,200 ATMs.
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BT Group disposed yesterday of its last remaining stake in a satellite company when it sold its 15.8% holding in the Paris-based Eutelsat for Â£363m.
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London-based BT Group PLC said Monday it will strengthen its presence in North America and Asia by buying Infonet Services Corp., an international managed voice and data network services provider, for $965 million.
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BT boosts its presence in the US by buying IT market leader Infonet, whose clients include the US government and 1,800 multinational companies.
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British Telecom will acquire Infonet Services in a deal worth US$965 million, BT Group said on Monday. The telecommunications giant said its acquisition of the network service provider will create cost savings
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Mobile phone operator Vodafone Group Plc  confirmed on Monday its plan to enter the cut-throat fixed-line  broadband Internet market via a deal with the wholesale arm of  telecoms firm BT Group Plc.
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LONDON - BT Group, the British telecommunications company, said Monday that it&#39;s buying US-based Infonet Services in a deal that values Infonet at $965 million.
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Tata Consultancy Services (TCS) and the Nielsen Company jointly announced an outsourcing deal today in which Nielsen will? hand over most of its IT and operations functions worldwide to TCS.The deal is valued at $1.2 billion and is part of a 10-year agreement between the two companies.While TCS will take over the usual IT and operational processes that outsource and offshore providers have been doing for years, the more interesting part of the agreement says that Tata will also work with Nielsen to "integrate and centralize multiple systems, technologies and processes," according to the prepared statement.The significance of this part of the agreement rests in the fact that large services organizations such as Nielsen have come to realize they can no longer be a one-stop shop for a variety of related but disconnected solutions.Nielsen currently provides television and Internet audience measurement; insight and analysis of consumer behavior for the packaged goods and retail industries; and a variety of services for print, online, and mobile media services, as well as for the entertainment, books, video, and music industries.As all of these industries begin to consolidate, they in turn are looking for consolidated views across all of their business interests. By integrating its services, Nielsen hopes that Tata will help it deliver a higher level of analytics to its customers."Nielsen is moving quickly to transform an outstanding group of operating businesses into an integrated, market-focused organization that delivers high-value information services to our clients," said Mitchell Habib, executive vice president for Nielsen Global Business Services.The deal also moves the India-based consultancy higher up the value chain, bringing it face to face with such world-class consulting services companies and competitors as IBM and Accenture.Under the proposed 10-year deal, TCS will also take responsibility for some finance and human resource business processes. These processes will be executed on TCS' BPO platforms.The deal is not yet final. However, a spokesperson said that a definitive agreement is expected to execute in the near future.
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Mobile phone giant Vodafone Group   confirmed on Monday its plan to enter Britain's  cut-throat fixed-line broadband Internet market via a deal with  the wholesale arm of telecoms firm BT Group .
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UK private equity firm 3i Group Plc  said on Friday it had agreed to take over British testing specialist Inspicio  for 228.6 million pounds ($467 million).
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TechWeb - INS has supplied IT services to 75% of &lt;i&gt;Fortune&lt;/i&gt; 500 companies and should be a good fit with BT's IT and networking strategies.
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LONDON : Britain&#39;s BAE Systems said it had agreed to buy DigitalNet Holdings Inc, a provider of computer networks for the US government, for 600 million dollars (489 million euros) in cash.
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British Telecom (BT) said it has signed an agreement to acquire Infonet, a leading provider of IT and telecom services, for a consideration of $865 million.
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BRITISH Telecom today announced the sale of its stake in one of the worldâs largest satellite companies for Â£363 million. The telecoms giant said it was offloading its 15.8 per cent holding in Paris-based
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BT has made a $965mn bid for California-based telecommunications services provider Infonet. The deal is subject to approval by Infonet&#39;s shareholders and regulatory authorities and if given the go-ahead is