DUBLIN, Ireland-Independent News and Media has strengthened its retail distribution presence through the acquisition of U.K. mobile services group M4. The deal was concluded through the company’s wireless application service provider arm iTouch.
iTouch has moved on a number of other U.K. mobile services companies during recent months, including short message service (SMS) and voice services provider Telescope last August, the interactive voice services operator Thus and youth portal Worldpop.
The acquisition of M4 could eventually cost iTouch up to