BT has entered into an agreement to acquire Comsat International, a leading provider of data communication services for corporations and public sector organisations in Latin America. The acquisition of Comsat International, through its parent company, CI Holding Corporation, will bolster BT's global reach and reinforce its ability to help customers address the challenges and opportunities of globalisation. As at the last audited balance sheet on 31 December 2005, the gross assets of Comsat International were $145 million. Comsat International, Inc. provides local, national and pan-regional network services and solutions for approximately 2,000 enterprise, government and service-provider customers over modern, integrated terrestrial and satellite network facilities throughout Latin America. It owns domestic networks in Argentina, Brazil, Colombia, Mexico, Peru, Venezuela  and throughout Central America, with two gateway interconnect points in the USA. The company also provides services in Turkey.  In addition, it operates over 2,000 square meters of data centre and hosting facilities in the region.
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