BT Linked to US Acquisition
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Telecoms group BT was today being linked to a surprise return to the US market after a report said it was about to make a one billion US dollar acquisition.
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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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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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US phone company SBC  Communications agrees to buy its former parent AT&T for about $16bn (Â£8.5bn).
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Well, it looks like things are getting a bit more interesting regarding the Sprint/Nextel deal. It seems that Vodafone, which owns 45% of Verizon Wireless in the US, is supporting a move by Verizon to potentially buy Sprint PCS.
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BT Group says the sale of its 15.8% stake in the Paris-based satellite operator Eutelsat is part of a strategy to focus on its core telephony business.
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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
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LONDON (CP) - BT Group PLC has awarded a contract worth $5 million US to Nortel Networks for voice-over-Internet technology designed to link almost 10,000 agents into a so-called virtual contact centre.
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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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MOBILE phones giant Vodafone is expected to announce this week that it has struck a deal with BT allowing it to sell residential broadband access to its British customers.   BT will supply fixed-line broadband access wholesale to Vodafone, which will then repackage it under its own brand.
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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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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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British telco BT has reached agreements with German mobile handset maker Siemens and Canadian wireless solutions provider Research In Motion (RIM) to offer UK corporate customers the Siemens SK65 handset with Blackberry Built-In technology.
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British telecoms company BT Group will pay a minimum of â¬116m to gain full control of loss-making Italian telecoms firm Albacom, as the UK company continues its return to the takeover trail.
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Global Tower Partners, a U.S. wireless  tower operator, is to be bought by a consortium of  infrastructure funds managed by members of Australia&#39;s  Macquarie Group in a deal valued at $1.4 billion.
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Shares of Sprint Nextel Corp  rose over 3.5 percent on Friday as investors reacted to market speculation the No. 3 U.S. mobile service could be sold to Britain's BT Group , but analysts were skeptical.
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BT Group PLC said Thursday its takeover of data service company Infonet Services Corp. was closer after receiving clearance from U.S. antitrust authorities.