BT completes the sale of two selected business units in Italy to TIM
BT announced today it has completed the sale of its business units serving customers in the public administration and Small & Medium Enterprise (SME) sectors in Italy to TIM.
The transaction, first announced on 10 December 2020, has been cleared by the Italian Competition Authority and includes customer support for the SME business unit delivered from the BT’s contact centre in Palermo.
BT will retain a strong presence in Italy serving large enterprises and multinational companies, including access points to its global network.
The transaction will enable TIM to expand its range of services for the digital transformation of the public administration and strengthen its offering of solutions tailored for the SME market.
BT Group is the UK’s leading telecommunications and network provider and a leading provider of global communications services and solutions, serving customers in 180 countries. Its principal activities in the UK include the provision of fixed voice, mobile, broadband and TV (including Sport) and a range of products and services over converged fixed and mobile networks to consumer, business and public sector customers. For its global customers, BT provides managed services, security and network and IT infrastructure services to support their operations all over the world. BT consists of four customer-facing units: Consumer, Enterprise, Global and its wholly-owned subsidiary, Openreach, which provides access network services to over 650 communications provider customers who sell phone, broadband and Ethernet services to homes and businesses across the UK.
For the year ended 31 March 2021, BT Group’s reported revenue was £21,331m with reported profit before taxation of £1,804m.
British Telecommunications plc 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 the London Stock Exchange.
For more information, visit www.bt.com/about