BT plans to provide corporate customers who have sites in India with virtual private network-based (VPN) services using technologies such as internet protocol-based multi-protocol label switching (MPLS) and ATM.
Andy Green, CEO, BT Global Services, said: “This is fantastic news, allowing BT to establish and manage our own operations in India. It’s also great news for our multinational customers doing business in India and our Indian customers wanting to access a BT-managed network which is connected to BT's comprehensive global network across Asia Pacific, Europe and North America.”
The Honourable Mr. Maran,
Minister of Communication and IT, Government of India, said: "To
further promote investment into India and enhance business opportunities
for Indian companies operating overseas, India must have the best and latest
infrastructure. These licenses will allow BT to bring its 21 CN services
to India’s IT and ITES sector and increasing their competitiveness through
connectivity, availability, quality and responsiveness on a global scale.”
The company announced strong
growth plans for its Indian operations in September 2006, predicting that
its revenues from India will be US$250 million by 2009 and that it is looking
to increase its Indian employee strength by hiring an additional 6,000
people within the next two years. In February 2007, BT signed an
agreement for the acquisition of i2i Enterprise Pvt Ltd, a Mumbai-based
enterprise services company specialising in internet protocol (IP) communications
services for major Indian and global multinational companies.
BT also plans to add additional
resources to support its already substantial capabilities in outsourcing
and systems integration services.
In the year ended 31 March 2006, BT Group plc’s revenue was £19,514 million with profit before taxation of £2,040 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.
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