BT Planning $1 Billion Acquisition of Infonet Services
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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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Buys US services firm BT has broadened its US footprint by tying up a deal for International Network Services.â¦
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BM plans to announce today that it will invest $250 million over the next five years and employ 1,000 people in a new business unit to support products and services related to sensor networks.
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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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BT Group Plc, the UK&#39;s largest phone operator, agreed to sell its stake in Eutelsat SA for 363 million pounds ($685 million) in cash, marking the company&#39;s exit from the satellite operating business.
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BT GROUP is likely to clinch a controversial $1 billion (Â£550 million) expansion deal this week in a third attempt to build a substantial overseas presence in America.
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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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&quot;This is completely a part of BT&#39;s transformation into a company that specializes in IT and networking services,&quot; BT chief executive Ben Verwaayen was quoted as saying.
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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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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 Plc, the UK&#39;s largest phone company, plans to buy Infonet Services Corp. to add a data network spanning more than 180 countries, people familiar with the matter said.
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BT Group will buy California-based Infonet Services Corp for $965 million in cash to expand in the United States and Asia, the UK&#39;s dominant fixed-line company said on Monday.
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BAE Systems plc has announced that its wholly-owned US subsidiary, BAE Systems North America, has entered into a definitive merger agreement to acquire DigitalNet Holdings Inc.
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In a move to strengthen its position as a global provider of IT and networking services, BT Group PLC has agreed to buy U.S.-based Infonet Services Corp., the companies announced Monday.
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I.B.M. plans to invest $250 million over the next five years and employ 1,000 people in a new business unit to support products and services related to sensor networks.
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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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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.