Vodafone buys 2 telecom expense management firms

AP News
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Posted: Oct 08, 2010 4:14 AM
Vodafone buys 2 telecom expense management firms

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.