Printer Friendly

IDT acquires France Telecom's pre-paid phone card business.

TELECOMWORLDWIRE-24 January 2003-IDT acquires France Telecom's pre-paid phone card business(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com

IDT Europe, a division of IDT Telecom, has completed the acquisition of the Global One pre-paid phone card business from France Telecom.

The transaction is expected to increase IDT's market position in the European smart card market while also preparing the company for further expansion into other territories. The company will reportedly co-brand the Global One cards for six months then migrate the current Global One phone card range into its product portfolio.

No financial details of the transaction were disclosed.

((Comments on this story may be sent to tww.feedback@m2.com))

COPYRIGHT 2003 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Comment:IDT acquires France Telecom's pre-paid phone card business.
Publication:Telecomworldwire
Article Type:Brief Article
Geographic Code:4EUFR
Date:Jan 24, 2003
Words:112
Previous Article:University of Tokyo's Human Genome Center opts for Sun servers.
Next Article:IBM receives online dealer locator from Multimap.com.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |