BT Signs Multi-Year Managed Services Agreement With Bristol-Myers Squibb

BT Signs Multi-Year Managed Services Agreement With Bristol-Myers Squibb

NEW YORK, Jan. 26 /PRNewswire-FirstCall/ -- BT (NYSE:BT) today announced it has signed a multi-year managed services agreement with Bristol-Myers Squibb (NYSE:BMY).

Under the terms of the contract, BT will manage Bristol-Myers Squibb's local and wide area network infrastructure globally. As part of the agreement, BT will migrate these services to a state of the art, high speed, IP-based global MPLS infrastructure.

Ben Verwaayen, Chief Executive of BT, said, "To be chosen for this contract by Bristol-Myers Squibb is a significant achievement for BT and speaks volumes about our credentials as the partner of choice for global businesses. We are committed to delivering Bristol-Myers Squibb real value by sharing our expertise and access to the latest technology, as we are doing with noteworthy customers such as National Health Service, the Bavarian State Government, and others."

Chuck Pol, President and Chief Operating Officer, BT Americas stated, "This is a landmark deal for BT. This is further evidence of our leadership in providing global solutions for our customers, and builds on the success we've had with customers such as Unilever, the American Stock Exchange, and others. We look forward to providing an outstanding service to Bristol-Myers Squibb."

About BT

BT is one of the world's leading providers of communications solutions serving customers in Europe, the Americas and Asia Pacific. Its principal activities include IT and networking services, local, national and international telecommunications services, and higher-value broadband and internet products and services.

BT consists principally of three lines of business:

BT Retail, providing fixed and mobile communications services and
solutions and IT and networking services to more than 20 million
business and residential customers in the UK. It is also a leading
UK internet services provider.
BT Wholesale, providing network services and solutions within the UK to

more than 600 fixed and mobile operators and service providers
including the provision of broadband, private circuits.
BT Global Services, providing IT and networking services
internationally to meet the needs of multi-site organisations with
European operations. BT Global Services operates in more than 130
countries and also offers international carrier services.



In the year ended 31 March 2004, BT Group's turnover was 18,519 million pounds Sterling with profit before goodwill amortization, exceptional items and taxation of 2,013 million pounds.

BT Group plc is listed on stock exchanges in London and New York. British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group.

For more information, visit http://www.bt.com/aboutbt


Source: BT

CONTACT: Press - Eileen Connolly, +1-908-410-1419, for BT

Web site: http://www.bt.com/aboutbt


-------
Profile: intent