Philippine Long Distance Telephone Co. buys SPi Technologies, a BPO outfit in New York

Philippine company buys SPi Technologies
Jul. 14, 2006 at 3:38PM
A Philippine company has paid $158.8 million to buy SPi Technologies, a
business process outsourcing company based in New York.
Philippine Long Distance Telephone Co., working through its ePLDT
subsidiary, envisions a combined entity with 11,000 workers delivering
knowledge-based voice and non-voice solutions, SPi said Friday.
Merrill Lynch advised SPi; Credit Suisse advised ePLDT.

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