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HONG KONG: Betting big on the IT services market, UK-based British Telecom (BT) on Thursday said it is planning to acquire companies offering IT services in India.

“India has a very stronghold in IT services. We are looking at acquiring companies having IT capabilities to strengthen our Asia Pacific operations,'' British Telecom Asia Pacific President, Mr Allen Ma told PTI.

The company which has set an ambitious target of garnering €2 billion (115 per cent increase from the current level) revenues from the Asia Pacific region is open to both organic and inorganic growth in the country. However, the focus would be more on ac quisitions, he said.

“Acquiring companies will not only help us to expand our footprint here, but will also help us to get access to new clients and processes,'' he added.

However, he declined to comment on the size and scale of the deals. The company had recently, acquired Singapore IT company, Frontline Technologies and Mumbai-based enterprise services company i2i Enterprise to ramp up their presence in the APAC region. - PTI

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