BT Signs Major Contract Extension with Thomson Reuters

BT today announced that it has signed an agreement with Thomson Reuters to manage the WAN (wide area network) element of its internal IT infrastructure in an eight year outsourcing deal. BT will transform Thomson Reuters' existing WAN into a high-speed, IP based global infrastructure that will encompass 323 locations across 100 countries including six applications hosting data centres.

This win follows a 10 year plus deal BT reached with Reuters in 2005 to transform and manage the global network Thomson Reuters uses to deliver services to more than 330 000 financial market professionals across the world. BT's ability to deliver the requirements to Thomson Reuters financial customers on a global basis has been recognised in being awarded this new contract for its internal network.

Peter Moss, MD of Content, Technology and Operations, Thomson Reuters, said: "Thomson Reuters is absolutely committed to gathering and providing high quality information to meet the needs of our demanding markets. To do this effectively we needed to support our people with a world class, efficient and well managed internal network. Having worked with BT for a number of years now we are confident they can execute against our requirements wherever in the world they may be."

Francois Barrault, CEO, BT Global Services, said: "Customers like Thomson Reuters have very complex global requirements. They want partners who really understand their business needs across the world, and have the capabilities to help them. As a business operator, we run their non-core but mission-critical network and IT services, so Thomson Reuters can focus on their core business and customers. Their environment is one where absolute reliability in every millisecond counts, and we are very proud to have their confidence. It's a testament to the excellent work of our teams in a very challenging world."