The deal, for an undisclosed sum, sees i2i being taken over by BT Telecom India, BT’s joint venture company with Jubilant Enpro.
The acquired company is a specialist provider of IP-based services and is already a distributor of BT Infonet's managed network services and products nationwide.
By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
Andy Green, CEO at BT Global Services, said, “BT will become the biggest foreign global carrier operating in India today as a result of this deal. The acquisition of i2i is exciting because it places BT at the heart of the world's fastest growing IT and business process outsourcing market.
“This will help BT build a broad-based platform for growth in India, and create a single BT-branded channel to the Indian market. India is a cornerstone in our global expansion plans and this investment underlines our commitment to growth from India,” he said.
About 200 people are employed by i2i in India.
Link to BT article: BT to acquire i2i Enterprise Ltd