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December 22, 2007

Hotel Internet provider InterTouch to acquire rival MagiNet

InterTouch, a provider of broadband Internet services to hotels, has agreed to acquire rival MagiNet for $150 million, InterTouch parent NTT DoCoMo said Friday. Singapore-based InterTouch currently serves about 400 hotels in 45 countries and the deal will see its footprint expanded to about 950 hotels in 63 countries. MagiNet, which is also based in Singapore, is largely focused on the

From Hotel Internet provider InterTouch to acquire rival MagiNet

Posted by Chris at December 22, 2007 11:14 AM