Following the completion of consultations process with works councils, BT has agreed the sale of its domestic operations in France to Computacenter.
The transaction is subject to regulatory and competition approvals, and is expected to complete before the end of 2020.
BT will retain a strong presence in the country after the sale, focusing on delivering next-generation networking, cloud and security services to multinational customers.
The transaction is part of BT’s ongoing transformation of its Global unit and will deliver continuity and growth opportunities for customers and employees in France.
BT’s domestic operations in France include management and maintenance of IT and network infrastructure, as well as networking and related professional services.
During the fiscal year ending in March 2019 they generated total revenue of c.£104m (c.€118m). The acquisition would enable Computacenter to strengthen its position in the French networking market and increase the number of its major domestic customers in France.
This transaction is part of BT’s ongoing transformation of its Global unit as it sharpens its focus on delivering next-generation networking, cloud and security services to multinational organisations.
BT Group is the UK’s leading telecommunications and network provider and a leading provider of global communications services and solutions, serving customers in 180 countries.
Its principal activities in the UK include the provision of fixed voice, mobile, broadband and TV (including Sport) and a range of products and services over converged fixed and mobile networks to consumer, business and public sector customers.
For its global customers, BT provides managed services, security and network and IT infrastructure services to support their operations all over the world. BT consists of three customer-facing units: Consumer, Enterprise and Global.
Its wholly-owned subsidiary, Openreach, provides access network services to over 650 communications provider customers who sell, phone, broadband and Ethernet services to homes and businesses across the UK.