VoiceStream, a little known UK telecoms company, has acquired 75 percent stake in Indian-based BPO player, Helios Outsourcing.

VoiceStream will invest around £1.5m to help the company grow. By focusing on niche markets VoiceStream expects Helios to be worth approximately £45m within three years.

VoiceStream chairman and managing director Paul Kopec said, “We wanted to secure our UK revenues and have more control and hence we bought into our service provider Helios Outsourcing. In-house processing is a huge area”.