The Channel logo

News

By | Kelly Fiveash 12th September 2007 10:11

BT says ooh la la to INS

Acquires Belgian IT services outfit

Telecoms giant BT has acquired Belgian-based network systems integrator INS Group S.A. as it continues to push the brand beyond British shores.

The firm said it hoped to ramp up its presence in the global LAN and IP telephony services market.

It added that INS, which employs 225 people in Benelux, France, Germany, US, India and Australia, had revenues of €27.9m for the year ended 31 December 2006.

Just last month BT made an exclusive €60m cash offer for French IT services firm CS Communication and Systèmes, for which it has been given a deadline of 30 November to complete the transaction.

BT global services CEO, François Barrault, said: "Today's announcement marks the next step in our strategy to grow our global capability and market coverage in key convergence technologies, and extends BT's leadership position in the LAN and IP telephony services market."

Financial terms of the INS deal were undisclosed.

Shares in BT are currently trading at 305.5 pence on the London Stock Exchange - up 2.6 per cent on the previous close. ®

alert Send corrections

Opinion

closed_sign shut down under collapsed liquidation

Eddie Pacey

Does it do what it says on the tin? Credit insurance, that is
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini
management procure6

Dale Vile

Corporate decision-making's got nowt on non-techie MDs

Alexandre Mesguich

Cloud, virtualisation, mobile tech require fatter pipes

Features

Pigeon crapping on statue
Guess who just tried to break into the warehouse?
Vendors struggling to reinflate the bubble
Hellawell on being 'tight' - and his part in Thatcher's downfall
Square Group new premises