BT is continuing its global expansion programme by acquiring Comsat International, a data communications provider that supplies Latin America.
This follows similar recent BT acquisitions in the US and India. BT said Comsat International will bolster its global reach and reinforce its ability to help customers address the challenges and opportunities of globalisation.
Comsat International employs over 700 professionals with in-depth knowledge of Latin American markets in 15 countries. The company has its own extensive regional network and also provides customers with datacentre, hosting and security services.
François Barrault, president for BT International, said, "This acquisition will be an exciting milestone in the execution of our strategy of well targeted acquisitions around the world, and will strengthen BT's position as one of the global leaders in the digital networked economy.”
The value of the acquisition has not been disclosed.
Comment on this article: [email protected]