DJ MARKET TALK: BT Counterpane Buy Shows Global Services Push

10/25/06 - Dow Jones Newswires

0702 GMT [Dow Jones] BT Group's (BT) acquisition of Counterpane Internet Security, the privately-held US managed network security business, "shows it's pushing ahead with its global services division and trying to pick up business in the US where it has not been strong," says Morten Singleton of WestLB. Expects to see BT make more minor acquisitions in this area. Has reduce rating, with a target price of 220p. Shares +0.4% at 272.25p. (OTA)

 
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(END) Dow Jones Newswires

October 25, 2006 03:02 ET (07:02 GMT)

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