Corporate communications firm

Infonet Services

(IN)

zipped up 15.9% after it announced Thursday that it had hired

UBS Warburg

and

Merrill Lynch

to pursue strategic partnerships to increase its stock value as a result of recent unrest among shareholders.

One of the largest,

KPN

(KPN)

of the Netherlands, has said it wants to sell its stake, according to

Reuters

.

Telecommunications firm

Swisscom

(SCM) - Get Report

said today it has no intention of selling its stake in Infonet.