BT DISPOSES OF MOSAIC PLATFOR

RNS Number : 6810F

BT Group PLC

18 January 2010

 



BT DISPOSES OF MOSAIC PLATFORM TO TATA COMMUNICATIONS

Today BT announces the sale of the Mosaic platform, an on-demand digital media management platform, to Tata Communications. The unaudited gross assets of the business being sold are £0.5m as at 30 September 2009.

About BT

BT is one of the world's leading providers of communications solutions and services operating in 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to our customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale.

In the year ended 31 March 2009, BT Group's revenue was £21,390 million.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.  

For more information, visit www.bt.com/aboutbt

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