France Telecom To Take Majority Stake In Equant, Merge With Global One

France Telecom plans to take a majority holding in Equant in a deal unveiled yesterday that also includes a merger with Global One. To complete the deal, France Telecom will purchase the SITA Foundation's 34% holding in Equant to allow France Telecom to hold 54.3% of the new Equant. Under the...

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