October 15, 2009
BT GLOBAL SERVICES COMPLETES THE DISPOSAL OF DATA AND INFORMATION SYSTEMS MIGRATION ACTIVITIES IN FRANCE
BT Global Services, a division of BT Group plc, today announces the sale of its French data and information systems migration activities for corporate customers following the successful conclusion of negotiations previously announced by SODIFRANCE, a publicly listed French company that provides computer services for large firms, especially in the Banking, Insurance, Pension and Public sectors. The sale will be effective as of 1 November 2009. The unaudited gross assets of the business being sold are €1.8 million 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
About SODIFRANCE
SODIFRANCE, a French IT services provider created in 1986 and a listed company had revenues of €67.7m in 2008 with 900 employees as at 1st November 2009 in France, Belgium and Tunisia.
SODIFRANCE is the specialist in Automated Transformation of information systems (Legacy Mdernization). SODIFRANCE's methodology and offerings allow to accelerate and secure the evolution of IS towards SOA, to adopt new technologies and respond to the evolution of the businesses of its customers. These offerings are developed by its R&D centre in software engineering and benefit from a strong technological lead.
Its strong regional footprint (12 sites in France) allows SODIFRANCE to deliver services - consulting, development, integration, Third-Party Maintenance and training - close its customer base.
Delivering a great deal of projects, SODIFRANCE has set up an industrialized production model, based on a quality assessment with CMMI level 2.
*** ends ***