BT signed an agreement to acquire Comsat International, which provides network services throughout Latin America via a hybrid terrestrial and satellite network.
"This acquisition will be an exciting milestone in the execution of our strategy of well targeted acquisitions around the world and will strengthen BT’s position as one of the global leaders in the digital networked economy,” Francois Barrault, president BT International, said in a statement. “… This acquisition significantly enhances BT’s position in the increasingly important Latin American market.”
No details of the agreement were released.