31. France Telecom is also rumored to be interested in taking over the Dutch communications provider Equant . 32. But talks with Equant ended last month after a series of disagreements between the two companies. 33. Equant was started in 1995 by transforming an airline reservation system into a global communications provider.34. Claeys worked this past summer as an intern in the Paris office of telecommunications company Equant . 35. Ltd ., Equant announced Monday. 36. Under the agreement, Equant will buy data telecommunications services from SingTel at an agreed price. 37. Equant , STMicroelectronics, France Telecom, Deutsche Telekom, Vodafone and Pearson led heavyweight gainers.38. France Telecom had intended to use a mix of assets and existing shares to purchase Equant . 39. The French group has been considering a two-pronged transaction for gaining control of Equant . 40. Equant said the job cuts will help it achieve annualized cost savings of dlrs 100 million.
