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Vodafone buys 2 telecom expense management firms

Fri Oct 8, 2010 4:14 AM EDT
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Associated Press
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LONDON — Vodafone is spending $9.7 million to buy two firms specializing in managing telecom expenses.

Vodafone said Friday that it is buying Australia-based Quickcomm for $6.9 million and U.S.-based based TnT Expense Management for $2.8 million.

Quickcomm has offices in the United States, Britain and Singapore, while TnT has offices in Britain, Germany and France.

© 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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