BT Group PLC
03 December 2007
DC07-578 December 3, 2007
BT COMPLETES THE ACQUISITION OF THE IT INFRASTRUCTURE DIVISION OF CS
COMMUNICATION & SYSTEMES
British Telecommunications plc (BT) announced today the completion of the
acquisition of the Critical Infrastructure division of CS Communication &
Systems after obtaining all necessary merger and regulatory clearances. The
division provides its corporate and public sector clients with a range of IT
services for building and maintaining IT infrastructures including consulting,
network integration, insourcing, outsourcing and data centre services.
On August 3, 2007, BT announced it had submitted a binding offer to CS
Communication & Systems, a French IT systems and network services provider, to
acquire its Critical Infrastructures division for up to €60 million in cash.
The division employs approximately 1,400 people and made €137.7 million revenue
in 2006.
About BT
BT is one of the world's leading providers of communications solutions and
services operating in 170 countries. Its principal activities include networked
IT services; local, national and international telecommunications services;
higher-value 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 2007, BT Group plc's revenue was £20,223 million with
profit before taxation of £2,484 million.
British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group 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
This information is provided by RNS
The company news service from the London Stock Exchange
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