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AIRCOM International acquires HCL Perot share in JV

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DQW Bureau
New Update



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UK based AIRCOM International Ltd has formally announced that
it has bought out the 49.5 percent equity shares of erstwhile HCL Perot Systems
(HPS) from their JV known as AIRCOM HPS Wireless Services (AHWS).

According to the company release, the new company will be a
wholly owned subsidiary of AIRCOM International UK and henceforth will be known
as AIRCOM International (India) Pvt Ltd. The company has also announced that COO
(India & SAARC) and alternate director of erstwhile AHWS Tarun Singhal’s
portfolio has been enhanced to MD for AIRCOM’s operations in India and SAARC
countries.

"With the emergence of AIRCOM India we plan to continue
to penetrate the Indian and SAARC telecom markets with more vigor and
re-emphasize our expertise and leadership in the wireless business," said
Dr Stephen Mockford, Group CMD, AIRCOM International.

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AIRCOM International (India) will be an end-to-end wireless
solutions company offering a full blend of products, consulting, training and
support services for which they have procured the Certificate of Incorporation
from the Registrar of Companies and would be fully operational within the first
quarter of 2004.

"We are in the finalization of the strategy document
with the India team and will announce our detailed strategy for the India and
SAARC market by the end of this month," added Dr. Mockford.

CyberMedia News Service

New Delhi

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