BT to Buy Infonet in Deal Worth About $1B
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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 $965 million.
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LONDON BT Group said Monday that it was buying Infonet Services, a US-based company that provides global data-communications services, for $965 million to gain more clients in North America and Asia.
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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 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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BT is lifting distance limits on broadband enabled exchanges, so that 1m more can get high-speed net.
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Telecoms group BT bolstered its worldwide presence today by unveiling plans for a landmark acquisition costing almost one billion US dollars.
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Britain&#39;s largest cable company, NTL, is to sell its network of communication masts and towers in a deal worth almost Â£1.3bn, it was announced today.
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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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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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Cable and Wireless is in preliminary talks with pensions buy-out firms over the possible sale of its &pound;2bn ($4.1bn) pension fund, which would clear the way for a demerger of the company's UK and international businesses.
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LOS ANGELES -- Britain&#39;s largest fixed-line telephone company, BT Group PLC, agreed to acquire El Segundo, Calif.,-based Infonet Services Corp.
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NEW YORK (CBS.MW) -- Shares of DigitalNet Holdings (DNET) soared $6.24, or 26.5 percent to $29.80 in early trading Monday after it agreed to be acquired by UK group BAE Systems for around $600 million, including the assumption of $93.
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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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BAE Systems PLC, Europe&#39;s largest military company, said yesterday that it had agreed to acquire DigitalNet Holdings for $494.
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Telecommunications service provider signs deal to take over Infonet for $965 million.
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BT Group Plc will buy Infonet Services  Corp. for $965 million in cash, giving the UK'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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LONDON : Cable and Wireless, the British telecoms group, said it had agreed to sell its Japanese unit to Internet service provider Softbank Corp for about 133 million dollars (104 million euros) including debt.