Netservices to Shed Majority of Business to Gci Telecom

Summary


MANAVIGATOR-May 4, 2010-NetServices to shed majority of business to GCI Telecom (C)2010 M2 COMMUNICATIONS http://www.m2.com

UK converged networking solutions provider NetServices (LON:NSV) has signed a deal to sell the bulk of its business to Lincoln-based GCI Telecom Group for GBP3.2m (USD4.9m/EUR3.7m) in cash.

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Netservices to Shed Majority of Business to Gci Telecom

The divestment includes WAN Services Ltd as we...

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