Reuters, Equant Readying For Mid-Year Launch Of Newco

PRODUCT STRATEGY

GENEVA--Reuters and Equant are lining up their ducks, readying their as-yet-unnamed company for a launch mid-year, and may float the new company when the time is right.

Doug Gilstrap, chief operating officer of Equant, tells IMD that the new company may discuss an IPO when the market conditions are right.

Gilstrap is pulling his team together for a launch in mid-year. Chris Church, who was senior vice president and business manager for the western US, is going to run sales at Equant in America.

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