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RNS Number : 4801U
BT Group PLC
15 October 2010
October 15, 2010
BT REACHES AGREEMENT WITH UK GOVERNMENT
BT today announced it has signed a Memorandum of Understanding with the UK
Government following discussions led by Cabinet Office minister Francis Maude.
All of BT's central Government contracts were covered by these discussions and
remain in place.
Talks focused on new arrangements designed to deliver efficiencies, many of them
achieved by changes which will enable wider economies of scale while yielding
genuine benefits to government.
Jeff Kelly, CEO of BT Global Services, said: "This agreement means BT will
continue to play a central role in the transformation of public services which
make a real difference to the lives of people in the UK every day. Having found
efficiencies in our own business, we have considerable experience which can help
the Government meet its efficiency objectives.
"We are very proud of our long-standing relationship with the UK Government.
With today's agreement, we will continue to be one of its largest suppliers of
networked IT services. Many of BT's existing contracts have already delivered
financial savings and operational efficiencies, demonstrating the benefits of
public-private partnerships."
. There is no change to our overall outlook as a result of this agreement.
ENDS
Enquiries about this news release should be made to the BT Group Newsroom on its
24-hour number: 020 7356 5369. From outside the UK dial + 44 20 7356 5369. All
news releases can be accessed at our web site: http://www.bt.com/newscentre
About BT
BT is one of the world's leading providers of communications solutions and
services operating in more than 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 2010, BT Group's revenue was GBP20,911 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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