BT to buy Infonet for US$965mil
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BERLIN: BT Group Plc, Britain&#39;s largest phone company, plans to buy Infonet Services Corp. for US$965mil to add a data network spanning more than 180 countries.
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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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LONDON: Britainâs BT Group is hoping to make a dramatic return to the US with a $1bn acquisition of Californian telecoms group Infonet Services, the Sunday Times reported.
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BT Group Plc will buy Infonet Services  Corp for $965 million in cash, giving Britain's top fixed-line  telecoms company 1,800 multinational corporate clients and an  expanded presence in the United States and Asia.
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Thomson Corp. has signed a definitive agreement to buy closely held online learning provider KnowledgeNet Inc., the electronic publisher said yesterday.
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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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BT Group Plc, the UK&#39;s largest phone company, plans to buy Infonet Services Corp. for $965 million to add a data network spanning more than 180 countries.
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Britain's BT Group Plc  is hoping to make a dramatic return to the United States with a &#36;1 billion acquisition of Californian telecoms group Infonet Services Corp. , the Sunday Times newspaper reported.
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BT Group is poised for a surprise return to the US market with a planned US$1 billion acquisition of Infonet Services, a California-based telecom service provider.
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By Steve Pain Deputy Business Editor  BT is to spend more than half a billion pounds to take the West Midlands into the 21st century with an advanced communications network which will triple internet speeds, radically transforming business and home computer use.
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IBM has signed a 7-year, $969 million  contract with British bank Lloyds TSB to supply it with  Internet telephony and data services, The U.S.-based computer  giant said on Monday.
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BT Group PLC is trying for a third time to crack the US market with the purchase of Infonet Services Corp. for a massive US$965 million.
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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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IBM has signed a seven-year, &#36;969.2 million contract with British bank Lloyds TSB to supply it with Internet telephony and data services, IBM said on Monday.
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IBM has signed a $969-million deal to provide DSL-based Internet telephony and data services to Lloyds TSB, one of the largest banks in the UK.
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Britain'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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Intelsat, the world's largest satellite company, agreed yesterday to sell the majority of its shares to London-based BC Partners, one of Europe's largest private-equity firms, in a deal worth about $16.4 billion.