BT Group to Buy Infonet Services in Deal
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BT Group PLC said Monday it is buying U.S.-based Infonet Services Corp., in a deal that values the company at &#36;965 million.
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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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BT moved to bolster its position in the global market for providing communications services to multinational corporations yesterday with the $965m (Â£376m) acquisition of loss-making California telecoms group Infonet.
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BT Group buys out its partners in loss-making Italian telecoms firm Albacom, as it continues its expansion into business services.
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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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British Telecom is buying U.S.-based Infonet Services in a deal that values the company at almost $1 Billion.
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Mobile phone firm Vodafone is to enter the UK fixed-line broadband market after striking a deal with BT Group.
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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.
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Britain's BT Group  and Sony Corp.  have signed a deal to add WiFi-based communications software  capable of enabling messaging and voice and video calls on the  Japanese firm's PlayStationPortable (PSP) gaming devices.
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BT Group confirmed this morning it is to buy the Californian telecoms group Infonet Services Corp for Â£965 million. The news followed reports which said that the UK telecoms
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BT Group PLC said Thursday that it will speed up its broadband Internet service in a bid to grab more customers as it reported a 70 percent rise in profit but flat revenues for its third quarter.
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TELECOMS group BT will bid this week for a Â£4bn Ministry of Defence contract to stitch together IT systems for Britain&#39;s armed forces.
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Company strikes deal with BT Wholesale to sell broadband Net service in Britain, bundle it with mobile offerings.
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British defense contractor BAE Systems PLC said Monday it is buying DigitalNet Holdings Inc., a U.S. maker of secure computer networks and a leading information-technology supplier to the Pentagon.
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HP said today it plans to buy business process monitoring specialist Bristol Technology to improve its presence in the BTO market.
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IBM , the world's largest  information technology company, on Thursday said it agreed to  buy FileNet  for $1.6 billion, its third  software-related purchase announcement in a week.
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A Macquarie Communications Infrastructure Group-led consortium bought NTL Inc.&#39;s antenna towers business in the UK for 1.27 billion pounds ($2.47 billion).