United Telecoms Limited Acquires Major Stake in Trigyn

2006-06-16
United Telecoms Limited, a Bangalore based company, acquired a major stake in Trigyn and has become the primary shareholder of the company. As a result of this transaction all outstanding debt related issues of the company have been resolved. The move will allow both Trigyn and UTL to leverage shared resources, expand capabilities and increase market presence. About United Telecoms Limited: United Telecoms Limited (UTL) Group is a Bangalore based, three decade old ICT Solutions Company, with broad experience setting up telecom networks, e-governance networks and solutions, including those in the transport sector. UTL is managed by a highly competent group of experienced executives. The UTL Group of Companies are engaged in the Design, Manufacturing, and Software Development areas of the telecommunications sectors, including wired, wireless & fiber optic, networking, systems integration, software solutions, Contract R&D, PCB manufacturing, microelectronics design, precision engineering plastics tooling and molding, electrical stampings and laminations, die-casting, mechanical fabrication etc.