In brief: BT buys into Malaysian reseller

By Julian Goldsmith, 27 July 1998 18:16

NEWS BT has bought a 33 per cent stake in a Malaysian telecoms equipment reseller for £250m. The UK telco said the move will help it become a top player in the world's communications industry. The reseller, Binariang, will become part of BT's Concert Group. It specialises in the GSM equipment market and now intends to use BT's technical and financial resources to enlarge its share of the domestic market.

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