BT REACHES AGREEMENT WITH UK

RNS Number : 4801U

BT Group PLC

15 October 2010

 



                                                                                                October 15, 2010

BT REACHES AGREEMENT WITH UK GOVERNMENT

BT today announced it has signed a Memorandum of Understanding with the UK Government following discussions led by Cabinet Office minister Francis Maude. All of BT's central Government contracts were covered by these discussions and remain in place.

Talks focused on new arrangements designed to deliver efficiencies, many of them achieved by changes which will enable wider economies of scale while yielding genuine benefits to government.

Jeff Kelly, CEO of BT Global Services, said: "This agreement means BT will continue to play a central role in the transformation of public services which make a real difference to the lives of people in the UK every day. Having found efficiencies in our own business, we have considerable experience which can help the Government meet its efficiency objectives.

"We are very proud of our long-standing relationship with the UK Government. With today's agreement, we will continue to be one of its largest suppliers of networked IT services. Many of BT's existing contracts have already delivered financial savings and operational efficiencies, demonstrating the benefits of public-private partnerships."

. There is no change to our overall outlook as a result of this agreement.

ENDS

Enquiries about this news release should be made to the BT Group Newsroom on its 24-hour number: 020 7356 5369. From outside the UK dial + 44 20 7356 5369. All news releases can be accessed at our web site: http://www.bt.com/newscentre

About BT

BT is one of the world's leading providers of communications solutions and services operating in more than 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 2010, BT Group's revenue was £20,911 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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