Yahoo! India Finance Home - Yahoo! - Help

Yahoo! India Finance
Local News Stock Tips Forex Market Commentary Tech Stocks International Results AGMs Analysis IPO's

Thursday March 31, 10:21 AM

BT Infonet Signs Three-Year Global Communications Contract with Volkswagen AG; Leading Automaker Steers Management of 200-Site Global Network to BT In

El Segundo, Calif., United States, Thursday, March 31, 2005 -- (Business Wire India) -- BT Infonet, a leading provider of global communications services for multinationals, on Wednesday, 30 March, 2005 announced it has signed a three-year contract to provide managed network services for Volkswagen AG, one of the world's leading automobile manufacturers and the largest carmaker in Europe.

Under the terms of the deal, Volkswagen AG will again operate its 200-site worldwide communications network with BT Infonet. Volkswagen is continuing its nearly eight-year partnership with BT Infonet, and has expanded the scope of its contract with nearly all of BT Infonet's services, including Internet, Mobility and MultiMedia Services.

Contributing to securing the contract was BT Infonet's flexible pricing and ability to deliver tailor-made solutions to quickly meet Volkswagen's evolving communications requirements.

"This new contract with Volkswagen confirms our strategy to deliver advanced network services to global companies, while at the same time adapting ourselves to our clients' local needs," said Micheline Wens, general manager, Infonet Germany. "This is the second acknowledgement in the past few months of our successful collaboration with VW. Late last year, BT Infonet was one of only three companies from outside the automotive industry invited to Volkswagen's `World Group Awards' -- an event where Volkswagen honors the 100 most innovative of its many thousands of business partners."

About Volkswagen AG

Headquartered in Wolfsburg, Germany, Volkswagen is one of the world's leading car manufacturers and the market leader in Western Europe. The company has more than 340,000 employees worldwide. In 2004, the eight VW company brands supplied 5.079 million vehicles to more than 150 countries around the world. The company's 2004 revenues were 88.96 billion euro. Volkswagen operates 45 production plants in eleven European countries and an additional seven countries in the Americas, Asia and Africa. Volkswagen employees produce more than 21,500 vehicles per day around the world. The Volkswagen company includes the brands Volkswagen, AUDI, SEAT, Ikoda, commercial motor vehicles, Bentley, Bugatti and Lamborghini, as well as the IT services companies Gedas, Volkswagens Financial Services and Europcar.

About BT Infonet

BT Infonet is a leading provider of managed network communications services for multinational entities, fully owned by BT Group and part of BT Global Services. BT Infonet offers integrated solutions optimizing the complex relationship between enterprise applications and the global network. BT Infonet provides local service support in over 70 countries and territories and its network is accessible from more than 180 countries.

Additional information about BT Infonet is available at www.bt.infonet.com.

About BT

BT is one of the world's leading providers of communications solutions serving customers in Europe, the Americas and Asia Pacific (ASPI.BO, news) . 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 a comprehensive range of communications and related services to over 20m UK consumers and businesses.

-- 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 and private circuits.

-- BT Global Services, providing IT and networking services to meet the needs of multi-site organizations globally. 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 GBP 18,519 million, with profit before goodwill amortization, exceptional items and taxation of GBP 2,013 million.

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 www.bt.com/aboutbt


CONTACT:

BT Infonet
Corporate Marketing:
Alex Rassey, +1-310-335-1144
Email: alex.rassey@bt.infonet.com
or
Industry Analysts:
Stacie Hime, +1-310-335-2875
Email: stacie.hime@bt.infonet.com
or
Public Relations (Ruder Finn):
Alicia Dollard, +1-212-593-6343
Email: dollarda@ruderfinn.com

Email this article to your friend -  View most popular

Questions or Comments?

Copyright © 2002 Business2Media. All rights reserved

Copyright © 2004 Yahoo Web Services India Pvt Ltd. All rights reserved.
Privacy Policy - Terms of Service