BT to buy Infonet Germany

Well, the rest of it...

NEWS BT has announced it has bought the remainder of Infonet Deutschland.

It will purchase the 82 per cent it doesn't currently own from T-Systems, a subsidiary of Deutsche Telekom.

BT didn't disclose the financial terms of the deal. Infonet Deutschland has 400 customers to which it supplies services including web access and VPNs, and is valued at more than €19m.

The management team at Infonet Deutschland will remain in place.

The buy follows BT's £520m acquisition of Infonet earlier this year, as well as its earlier purchase of Radianz.

Post your comment

In order to post a comment you need to be registered and logged in.

You can also log in with Facebook. Log in or create your silicon.com account below

  • Login

Will not be displayed with your comment

By signing up for this service, you indicate that you agree to our Terms and Conditions and have read and understood our Privacy Policy.

Questions about membership? Find the answers in the Membership FAQ

Get silicon.com's daily newsletter

  • Register on silicon.com

    Enter your email to register

Keep in touch with silicon.com

silicon.com newsletters