France Telecom is set to acquire network service provider GTL’s IT business for about Rs 250-300 crore. The acquisition, to be made through France Telecom’s business arm, Orange Business Services, would mark the group’s first acquisition in India.
France Telecom is set to acquire network service provider GTL’s IT business for about Rs 250-300 crore. The acquisition, to be made through France Telecom’s business arm, Orange Business Services, would mark the group’s first acquisition in India.
France Telecom is the No 3 mobile operator and No 1 provider of broadband internet services in Europe and a leading global telecom service provider. Orange Business Services represents the business communications solutions and services provided by the group including converged voice, data & mobile services and IT expertise and managed services.
(Source:ET)
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