8/01/2006

BT acquires Poland's Telexis Polska for around 1.2 mln eur

T Group, the UK's incumbent telecoms operator, said it had agreed to buy Telexis Polska, Fiat's Polish communications business, for around 1.2 mln eur.

The deal is part of a 450 mln eur outsourcing deal between the British company and the Italian car giant, under which BT will be Fiat's main supplier of networking and telecoms services for the next five years.

In March, BT completed the takeover of Fiat's telecommunications unit Atlanet for 80 mln eur.

Source: Finance News



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