Vodafone buys 2 telecom expense management firms

LONDON: Vodafone is spending $9.7 million to buy two firms specializing in managing telecom expenses.

Vodafone said Friday that it is buying Australia-based Quickcomm for $6.9 million and US-based based TnT Expense Management for $2.8 million.

Quickcomm has offices in the United States, Britain and Singapore, while TnT has offices in Britain, Germany and France.