REDtone buys 60pc of VoIP solutions provider.

(From Business Times (Malaysia))

REDTONE International Bhd, through its wholly-owned subsidiary REDtone Technology Sdn Bhd, has acquired a 60 per cent stake in Voice-over Internet Protocol (VoIP) solutions provider, Jupitel Sdn Bhd.

Jupitel, a Multimedia Super Corridor-status company, focuses on VoIP customer premises equipment and management systems, which help enhance the efficiency of alternative voice service providers' management of voice communications across various channels, including broadband.

In a statement yesterday, REDtone group managing director Wei Chuan Beng said the Jupitel acquisition is the first in a series of developments that …