Teleglobe: Jean Monty’s Legacy

Om Malik, Tuesday, July 26, 2005 at 8:05 AM PT Comments (0)

Mark Evans and Ronald Gruia have more details on the deal. Mark writes, “At the height of the telecom boom in 2000, BCE Inc. CEO Jean Monty suddenly decided to spend $7.4-billion to acquire the 77% of Teleglobe Inc. that BCE didn’t already own.” Clearly VSNL got a bargain.

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