February 10,
Equant announced that it has signed a definitive agreement with France Telecom providing for the purchase by France Telecom, and the sale by Equant, of substantially all of its assets in exchange for the assumption of all of its liabilities (other than certain retained liabilities relating to the Agreement).
January 22,
France Telecom, Equant's controlling shareholder, proposed to acquire the full ownership of Equant?s business through an acquisition of substantially all of the assets and liabilities of Equant N.V., followed by a distribution of the purchase price to Equant's shareholders and the liquidation of Equant N.V.
July 2,
Equant begins full operations as a combined company, providing advanced global IP and data services for multinational businesses over the world's largest commercial data network, spanning 220 countries and territories.
June 29,
Equant was launched with a press conference in Paris and employee events in sixteen key locations worldwide. Equant's new management team, branding and strategy are unveiled.
This launch marked the successful completion of a transaction between Equant and France Telecom that closed within six months of its announcement and on schedule. Equant took its place as the recognized industry leader in the global IP and data services market with more than 3,700 large business customers globally.
The France Telecom Contingent Value Rights resulting from the close of the transaction commence trading in New York and Paris.
June 28,
Anyone wishing to be a Equant shareholder and entitled to receive contingent value rights (CVRs) from France Telecom had to make the trade on or before June 28, 2001.
June 27,
At an Extraordinary General Meeting in Amsterdam, Equant's shareholders voted to accept the terms of the Equant/France Telecom/Global One transaction and the formation of a new company called Equant.
June 18,
Equant announced that the record date for determining shareholders entitled to receive contingent value rights (CVRs) from France Telecom would be June28, 2001.
June 14,
Equant received approval from the Federal Communications Commission of the United States for the transfer of control of Equant's section 214 license to France Telecom. This was the final regulatory approval required for the transaction with France Telecom prior to the shareholder vote on the resolutions at the Extraordinary General Meeting on June 27, 2001 in Amsterdam.
March 23,
The European Commission informed Equant that it had approved, with no restrictions, the proposed integration of Equant and France Telecom/Global One.
November 20,
Equant and France Telecom announced an agreement to create a world-leading provider of data and IP communications services for the business community on a global scale by merging Global One and Equant. This announcement marked the inception of Equant, an industry leader with a unified global network, critical mass of customers and traffic, and increased financial strength for accelerated growth. The business will market to the combined customer bases of Equant and Global One, with the benefit of access to the worldwide resources of France Telecom.