Wednesday, February 15, 2012

British Telecom to expand business to Asia and Africa



British Telecommunications (BT) launched a series of initiatives on Tuesday with a view to doubling the size of its business across Turkey, the Middle East and Africa. 
The UK operator, which last year generated revenues of £20 billion (Dh115.7 billion), plans to hire 170 new staff across the three regions, as well as investing more in its infrastructure and network operations. 
BT did not disclose the value of its planned investments but said it would continue to work with a range of local clients including Emirates, Etihad Airways and Jumeirah Group. 
"This is a growing region where we see great opportunities in terms of growth," said Luis Alvarez Satorre, BT's president of global services for EMEA and Latin America. 
"We are looking to expand our network capability, increase our portfolio and hire more people with a view to doubling the size of our business in the region. 
"The initiatives involve increasing the number of nodes, or connectivity points, across the region as well as expanding our ethernet portfolio to reach 21 cities," he added. 
According to BT's research, the addressable market in Turkey, the Middle East and Africa was worth a combined £5.4 billion in 2011 with IT spending growth across the regions expected to top 10 per cent in 2012.

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