20 August 2009
Carillion-led joint venture signs letter of intent with Openreach for support services contract worth in the region of £1 billion
A Carillion-telent joint venture, has signed a letter of intent with Openreach for a future contract to provide nationwide support services for Openreach, BT's local access network business.
Under the future contract, the joint venture would deliver a range of services across Openreach's five regions - London and Home Counties, the South East, Midlands, Wales and West, the North, and Scotland. Services will include complex support and network installation services, asset management and maintenance, together with other associated works.
The contract is expected to be agreed and signed within the next two months, during which time transition arrangements will be put in place.
Commenting, Carillion chief executive John McDonough said: 'This further reinforces Carillion's position as a leading supplier of support services for infrastructure and buildings. Carillion already has a strong relationship with BT, for whom we have provided integrated facilities management services for BT's UK estate since 2001. The Carillion-telent joint venture has outstanding skills and resources and we look forward to working with Openreach to support them in delivering a first-class service to their customers.'
For further information contact
John Denning Director Group Corporate Affairs +44 (0)1902 316426
Notes to editors
About Carillion
Carillion is the UK's leading support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group has annual revenue of over £5 billion, employs around 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
In the UK, Carillion's principal market sectors are Defence, Education, Health, Facilities Management & Services, Rail, Roads, Building, Civil Engineering and Utilities Services.
In the Middle East, Carillion's principal market sectors are Construction and Facilities Management. In Canada and the Caribbean, the Group's main sectors are Health, Roads Maintenance and Construction.
Carillion's portfolio of equity investments in Public Private Partnership projects includes projects in the UK and Canada, particularly in the Defence, Education, Health and Transport sectors.
This and other Carillion news releases can be found at: www.carillionplc.com
About telent
With annual revenues of over £350 million, telent has decades of experience in supplying a broad range of network and communications services in the UK and Germany. Today, the company is fully owned by Pension Corporation, and employs over 2,500 people and has one of the largest engineering field forces in the UK. Customers include: Airwave, BT, Deutsche Bahn, EADS, Merseyside Fire & Rescue, the Metropolitan Police, National Express, Network Rail, Stagecoach, Tube Lines, and the UK Highways Agency.
For more information, see the company's website: www.telent.com
About Openreach
Openreach is responsible for the nationwide local BT network, which connects homes and businesses across Britain to communications providers' networks. Openreach provides communications providers with services and products associated with that network.
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.