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Apax Partners to acquire France Telecom mobilesatellite communications.
0 Comments | M2 Presswire, July, 2006
M2 PRESSWIRE-24 July 2006-FRANCE TELECOM: Apax Partners to acquire France Telecom mobilesatellite communications(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:24072006 Paris - France Telecom has signed an agreement with Apax Partnersto sell 100 of the shares of France Telecom Mobile Satellite Communications SA (FTMSC).
The completion of the transaction is expected in the near future. FTMSC is one of the world's largest mobile satellite communications providers, marketing and distributing communications solutions for customers based in areas with limited access to terrestrial telecoms infrastructure. Apax Partnersis one of the world's leading private equity investment groups. Its funds invest in specific industries including telecoms, and provide long-term...
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