- 4 September 2003 14:37
BT INKS DEAL WITH FINANCIAL TIMES
Apologies - the following was distributed on Tuesday but was not uploaded to ITMarketer
Network takes newspaper into the future and cuts distribution and support costs by 20 per cent
HONG KONG, 2 September 2003 - BT today announced a £3.5 million contract with the Financial Times, to deploy a new wide area network (WAN), connecting its office and print sites across the world.
The network will provide the FT with greatly enhanced flexibility over the support and management of its global locations, and confirms the FT's competitive edge by increasing operating efficiencies and reducing print distribution and office support costs by 20 per cent over the first year.
Over the past nine months, the FT has been migrating all its print sites, currently connected via a BT Frame Relay network, to a consistent page distribution solution. In tandem with this migration, the FT has been planning the movement of its core network to a multi protocol label switching (MPLS) based IPVPN solution to deliver increased operational flexibility and reduce distribution costs.
BT won the contract following a competitive tender, primarily as it can undertake the migration project with a minimum of disruption. Its existing commercial relationship with the newspaper also helped secure the deal. The contract has further potential across a variety of planned initiatives at the newspaper through 2004 and beyond.
Ian Cohen, group IT director of the Financial Times said: "In the last 30 years, we haven't missed an edition - something we pride ourselves on. Keeping this record intact whilst migrating our core network to technologies that offer greater flexibility is vital, but we also chose BT because it can help us use connectivity to bring more agility to our business."
Colin Mattey, director, Commercial and Brands at BT said: "The versatility of the network is again underlined, this time with its value for the media business. We're particularly proud of this win because it demonstrates the breadth of what we can do, and more importantly because the FT is one of the most prestigious business brands - we're delighted to be working with them."
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About BT Global Services BT Global Services is BT's business services and solutions division, serving customers worldwide. As an information and communications technology service provider, BT provides integrated data and value-added services to meet the needs of multi-site organisations with European operations.
Extensive global service capabilities and strong strategic partnerships also enable BT to serve customers in all key commercial centres of Europe, North America and Asia.
The BT Global Services portfolio ranges from desktop and network equipment and software, transport and connectivity, IP-based e-business solutions, managed network services and systems integration to consultancy for complex global requirements.
With 18 years of experience in global account management, BT has over 8,000 people based outside the UK, serving our target customers around the world.
For further information, please contact: David Clarke, Public Relations Manager, Asia Pacific BT Global Services Tel: + 852 2532 3652; Fax: + 852 2810 0164 Email: email@example.com http://www.btglobalservices.com/en/pressrelease/index.html
Notes to Editors BT
BT Group plc is the listed holding company for an integrated group of businesses providing voice, data and video services in the UK and elsewhere in Europe. British Telecommunications plc, a wholly-owned subsidiary of BT Group, holds virtually all businesses and assets of the BT group.
BT is one of Europe's leading providers of telecommunications services. Its principal activities include local, national and international telecommunications services, higher-value broadband and internet products and services, and IT solutions. In the UK, BT serves over 20 million business and residential customers with more than 29 million exchange lines, as well as providing network services to other licensed operators.
BT consists principally of three lines of business: · BT Retail, serving businesses and residential customers and including BT Openworld, one of the UK's leading ISPs. · BT Wholesale, providing network services and solutions within the UK, including ADSL, conveyance, transit, bulk delivery of private circuits, frame relay and ISDN connections. · BT Global Services, BT's managed services and solutions provider, serving multi-site organisations worldwide. Its core target market is the top 10,000 global multi-site organisations with European operations.
There are a number of other businesses within the BT group, including BT Exact, an internationally renowned centre of excellence in IT and networking technologies. It is also BT's technology and research and development business.
In the year ended 31 March 2003, BT's turnover was £18,727m. with profit before taxation of £1,829m.
For more information, visit www.bt.com