BT Group PLC
26 January 2005
JANUARY 26, 2005
BT signs multi-year managed services agreement with Bristol- Myers Squibb
BT (NYSE: BT) today announced it has signed a multi-year managed services
agreement with Bristol-Myers Squibb (NYSE: BMY).
Under the terms of the contract, BT will manage Bristol-Myers Squibb's local and
wide area network infrastructure globally. As part of the agreement, BT will
migrate these services to a state of the art, high speed, IP-based global MPLS
infrastructure.
Ben Verwaayen, Chief Executive of BT, said, "To be chosen for this contract by
Bristol-Myers Squibb is a significant achievement for BT and speaks volumes
about our credentials as the partner of choice for global businesses. We are
committed to delivering Bristol-Myers Squibb real value by sharing our expertise
and access to the latest technology, as we are doing with noteworthy customers
such as National Health Service, the Bavarian State Government, and others."
Chuck Pol, President and Chief Operating Officer, BT Americas stated, "This is a
landmark deal for BT. This is further evidence of our leadership in providing
global solutions for our customers, and builds on the success we've had with
customers such as Unilever, the American Stock Exchange, and others. We look
forward to providing an outstanding service to Bristol-Myers Squibb."
About BT
BT is one of the world's leading providers of communications solutions serving
customers in Europe, the Americas and Asia Pacific. Its principal activities
include IT and networking services, local, national and international
telecommunications services, and higher-value broadband and internet products
and services.
BT consists principally of three lines of business:
BT Retail, providing fixed and mobile communications services and solutions and
IT and networking services to more than 20 million business and residential
customers in the UK. It is also a leading UK internet services provider.
BT Wholesale, providing network services and solutions within the UK to more
than 600 fixed and mobile operators and service providers including the
provision of broadband, private circuits.
BT Global Services, providing IT and networking services internationally to meet
the needs of multi-site organisations with European operations. BT Global
Services operates in more than 130 countries and also offers international
carrier services.
In the year ended 31 March 2004, BT Group's turnover was £18,519 million with
profit before goodwill amortization, exceptional items and taxation of £2,013
million.
BT Group plc is listed on stock exchanges in London and New York. British
Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and
encompasses virtually all businesses and assets of the BT Group.
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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