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News >> Technology >>
BT completes acquisition of Frontline Technologies
By siliconindia
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Tuesday, 25 March 2008, 00:32 IST
Bangalore: British Telecome (BT), a global provider of communications solutions and services, has announced that it has completed the acquisition of Frontline Technologies. The new company will start operations immediately under the new brand name of BT Frontline.
BT Frontline will provide IT consulting, IT infrastructure services, systems integration and IT outsourcing to local, regional and multinational customers with a presence in the financial services, transportation, manufacturing, telecommunications, education, healthcare and public sectors.
In Asia Pacific, BT will conduct business as usual under the BT brand-name. Frontline will operate alongside BT as BT Frontline. By using this co-branding approach BT Frontline will be able to maintain and leverage the regional brand equity and goodwill of the Frontline name.
BT Frontline's wholly owned operations include undertakings in Singapore, Malaysia and Dalian, China and they will operate with immediate effect under the BT Frontline brand. BT Frontline also has additional significant subsidiaries and associate companies, which will continue operating under their existing brand names. These include Accel Frontline (India) ? a joint venture in which BT Frontline holds 51 percent and is listed on the Indian National Stock Exchange and the Bombay Stock Exchange; MDCL Frontline based in Beijing in which BT Frontline holds a 47 percent stake; and G-Able, an associated company in Thailand
As part of its strategic partnerships with Sun Microsystems, BT Frontline has also set up a number of joint venture companies with Sun Microsystems in thePhilippines, Indonesia, and Vietnam.
Allen Ma, president of BT Asia Pacific said, "The people of BT Frontline bring to BT a wealth of new skills and expertise to accelerate our business in Asia Pacific. For our MNC customers operating in the region and for regional companies expanding globally, our accelerated move into the IT solutions space will provide a single supplier relationship with a broad portfolio of managed network and IT services in China, India and SE Asia."