Company Press Release:
 
Standard Chartered Bank chooses BT for high performance resilient network services
 
BT today announced that Standard Chartered Bank, an international bank with operations in more than 50 countries worldwide, has signed a global network services contract with BT.

BT has been selected to supply international network services to Standard Chartered Bank in 16 countries, including UK, Singapore, Hong Kong, India, and Malaysia. A highly resilient MPLS (Multi-Protocol Label Switching) network, in addition to existing infrastructure, was put in place to eliminate single points of failure and minimize risk globally. This strategy guarantees the quality and availability of critical services that are used for access to centralized banking applications and systems in Standard Chartered’s Global Data Centres and Shared Service Centres.

Allen Ma, president of BT GS Asia Pacific, said: “We are very pleased that Standard Chartered chose BT for our high performance, resilient dual-core MPLS network in Asia Pacific. We are committed to a partnership with Standard Chartered to transform their IT and network infrastructure. By providing robust, transformative world-class managed services, we aim to help Standard Chartered achieve success in their business vision.”
 


About BT
BT is one of the world’s leading providers of communications solutions and services operating in 170 countries.  Its principal activities include networked IT services; local, national and international telecommunications services; higher-value 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 2007, BT Group plc’s revenue was £20,223 million with profit before taxation of £2,484 million.

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