Wednesday, September 13, 2006

BT Outlines Global Plans

BT outlined its global ambitions -- predicting that it will more than double its revenues in the US, Japan, India and China over the next three years. BT Global Services, which provides enterprise services over the BT backbone, employs 27,500 staff in 53 countries and supplies services in more than 170 countries. The division currently generates most of its revenues from the UK and Western Europe. The company expects both its German and Italian operations to generate revenues of 1 billion EURs by 2008/9 and for there to be double- digit growth in Spain and the Benelux countries.



BT also announced it will deliver 400 million pounds ($751 million) of annualized cost savings from its Global Services division by 2008/9.



BT is currently adding a new city to its MPLS network every week and connecting more than 3,000 customer sites a month.



"BT Global Services is thriving. We have transformed the division into a leading supplier of networked IT services based on the most extensive and resilient network in the world. We have very ambitious plans and BT's brand is fast becoming as familiar to businessmen in New York, Tokyo, Mumbai and Shanghai as it is in Europe," said Andy Green, BT Global Services, Chief Executive.

http://www.btplc.com

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