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BT Group revenue and profits both up three per cent

BT Global Services sales up five per cent

Outsourcing services arm outperformed group sales in the first quarter

Written by Dave Friedlos

BT Global Services, the IT services arm of the telecommunications giant, has signed contracts worth £1.7bn for the first quarter and £9.2bn for the full year.

The deals, which include managed services contracts with the Post Office and T-Mobile, were a major contributory factor behind group revenue growth of more than three per cent to £5bn, with profits also up three per cent to £658m

‘There is success across the board with contract wins in BT Global Services and BT Wholesale at £2bn, more than 100 new customers gained outside the UK and BT Retail’s share of broadband additions at 38 per cent,’ said BT chief executive Ben Verwaayen.

BT Global Services outstripped group performance. Sales are up five per cent to £2.3bn and profits up £15m to £643m, with networked IT services contracts accounting for £900m of total revenue.

The division is also expanding its global reach, having completed the acquisitions of Comsat International a Latin American data communications firm, and i2i Enterprise, an Indian enterprise services company.

BT has finished the migration of two thirds of NHS Trusts to the N3 network in Scotland as part of the National Programme for NHS IT (NPfIT) and is installing new IT systems at 74 trusts throughout London.

The company has also added more than half a million new broadband customers, taking its total customer base to moer than 11 million.

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