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BT Buys I2I

BT acquires Indian enterprise services company i2i

February 6, 2007

1 Min Read

LONDON -- BT today announced that it has signed an agreement for the acquisition of i2i Enterprise Pvt Ltd, a Mumbai-based enterprise services company specialising in internet protocol (IP) communications services for major Indian and global multinational companies. The acquiring entity is BT Telecom India Pvt Ltd, BT’s joint venture company with Jubilant Enpro Pvt Ltd.

i2i is one of the most comprehensive and innovative providers of enterprise telecoms services in the Indian market today, and is the distributor of BT Infonet's managed network services and products nationwide.

Andy Green, CEO, BT Global Services, said: “BT will become the biggest foreign global carrier operating in India today as the result of this deal. The acquisition of i2i is exciting because it places BT at the heart of the world's fastest growing IT and business process outsourcing market. This will help BT build a broad-based platform for growth in India, and create a single BT-branded channel to the Indian market. India is a cornerstone in our global expansion plans and this investment underlines our commitment to growth from India. BT continues to execute its global mission to be the leader in the delivery of converged networked services."

Prakash Jain, Chairman and CEO, i2i, said: “Through our work together as an indirect channel in the Indian market for BT Infonet, BT has gained a great insight and appreciation of i2i’s entrepreneurial culture and clear focus on outstanding customer service. BT will integrate the strengths of both companies, resulting in a compelling service offering to overseas and local multinational customers.”

BT Global Services

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