M&A

Route Mobile to acquire Kuwait's communication services co Interteleco for $2-M

BSE Release  

Routesms Solutions FZE, a wholly owned subsidiary of Mumbai-based, publicly listed Route Mobile, is to acquire a 49% stake in Kuwait-based Interteleco International for 652,500 Kuwaiti Dinar (USD 2.16 million). Interteleco's services include mobile app services, payment solutions, communication services, chatbot, and conversational AI among others.

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