IT major Teledata takes over London based I-Max

Mumbai, Apr 7: IT major Teledata Informatics has taken over 80 per cent shares in London based I-Max Networks, through their subsidiary Voicetec Systems to strengthen its presence in the tele-communciations sector.

As a cost effective tele-communications solutions provider, I-Max's core business is based on wholesale and retail of international voice traffic and aggregating traffic for incumbent local operators. However, their subsidiary Voicetec Systems caters to wholesale business, said a company release to BSE.

Teledata is expected to benefit with a full suite of voice and data switching capabilities at the facilities in London, where I-Max with the help of hardware vendor and technical experts switches millions of International minutes globally. Also round the clock support as and when required by the customers would help Teledata to provide global services on time.

UNI