AT&T has stepped up its campaign to seize a chunk of the European Internet market by acquiring Internet services provider Planet Internet UK, for an undisclosed sum.
Planet Internet was formed in 1994 by KPN Multimedia, which is part of the Royal Dutch PTT. AT&T has retained all Planet?s employees while KPN will continue to own and operate its other Planet Internet operations on the European continent.
The acquisition follows the launch of AT&T Worldnet Managed Internet Services for the UK and European corporate customers.
Merrill Tutton, president of AT&T UK said: ?We are committed to offering our customers a valuable bundle of products, including Internet services. The assets we have acquired will provide us with one more piece of the jigsaw to ensure we offer our customers those services they really want and need.?
Planet Internet provides Net surfers access to a range of services including an interactive news page, a selection of special sites and news and information for home workers.
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