BT concludes the sale of its domestic operations in France to Computacenter
Transaction furthers BT’s transformation of its Global unit
BT announced it has concluded the sale of its domestic operations in France to Computacenter, announced on July 16, 2020. The transaction is part of BT’s ongoing transformation of its Global unit and will deliver continuity and growth opportunities for customers and employees in the country.
BT will retain a strong presence in France with offices in Paris, access points to its global network, strong security consultancy practice and a cyber security operations centre. The BT team in France will focus on delivering next-generation networking, cloud and security services to multinational customers, including more than 60 customers headquartered in France.
BT and Computacenter also entered into a partnership agreement in France, ensuring continuity for existing customers and future growth opportunities.
Operations within the scope of the transaction delivered revenue of c.£104m (c.€118m) to BT in fiscal year 2018/19.
Bas Burger, CEO of Global, BT, said: “We are delighted to conclude this transaction with Computacenter as it represents a new milestone in the delivery of our strategy and our ambition to become a more agile and focused business. As one of the world’s economic leaders, France is a key market for BT. We remain committed to supporting our global customers in France to meet their connectivity, cloud and security needs.”
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 2020, BT Group’s reported revenue was £22,905m with reported profit before taxation of £2,353m.
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