M&A Deal Summary

BT Group Acquires Comsat International

On April 20, 2007, BT Group acquired communications company Comsat International

Acquisition Highlights
  • This is BT Group’s 4th transaction in the Communications sector.
  • This is BT Group’s 6th transaction in the United States.
  • This is BT Group’s 1st transaction in Virginia.

M&A Deal Summary
Date 2007-04-20
Target Comsat International
Sector Communications
Buyer(s) BT Group
Deal Type Add-on Acquisition

Target

Comsat International

McLean, Virginia, United States
The company has its own extensive regional network and also provides customers with datacentre, hosting and security services. The primary goal of COMSAT was to serve as a public, federally funded corporation intended to develop a commercial and international satellite communication system press

Search 201,893 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

BT Group

London, United Kingdom
Category Company
Founded 1980
Sector Communications
Employees91,700
Revenue 20.7B GBP (2023)
DESCRIPTION

BT Group is a provider of telecommunications networks and services. BT Group was founded in 1980 and is based in London, United Kingdom.

DEAL STATS #
Overall 9 of 21
Sector (Communications) 4 of 6
Type (Add-on Acquisition) 8 of 18
State (Virginia) 1 of 1
Country (United States) 6 of 7
Year (2007) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-02 International Network Services

Santa Clara, California, United States

International Network Services Inc has a proven business model in the networked IT services space that we will replicate around the world,” said Andy Green, CEO of BT Global Services in a statement.

Buy £100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-01 BT Fresca

United Kingdom

Fresca provides fully managed and hosted e-commerce services to over 20 retailers and e-tailers .The Fresca commerce platform offers complete web-store flexibility.

Buy -
Mergr

Product

Company

Legal