BT today announced the completion of its acquisition of i2i Enterprise Pvt Ltd after obtaining all necessary governmental and regulatory approvals. i2i is a Mumbai-based enterprise services company specialising in internet protocol (IP) communications services for major Indian and global multinational companies. | |
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| On 6th February this year, BT announced the planned acquisition through its entity BT Telecom India Pvt Ltd, BT's joint venture company with Jubilant Enpro Pvt Ltd., making BT a leading global carrier in the India market. |
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| François Barrault, CEO, BT Global Services, said: "We are happy to have achieved all the government and regulatory approvals. The completion of this process provides impetus to our expansion plans and underscores BT's commitment to India which is today the world's fastest growing IT and business process outsourcing market." |
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| Allen Ma, President, BT Asia Pacific, added," The combination of BT and i2i establishes a broad-based platform for growth in India. The complementary assets and expertise of the team provides a strong manifesto for growth and success", |
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| 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. As part of BT Global Services, this acquisition will strengthen BT's role as a strong local partner, who offers all the benefits of a global organisation to help customers get the best from globalisation. |
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