BT Eyes LatAm Growth

BT announces series of investments in Latin America

October 3, 2011

1 Min Read

LONDON -- BT today announced a series of investments aimed at doubling its business in key Latin American countries over the next three years. By recruiting 250 new staff, increasing its professional services capabilities , opening new centres of excellence and implementing a wide range of network and customer service improvements, BT will better support global customers investing in this region and help large Latin American companies (the “multilatinas”) expand globally. BT’s research has identified an addressable market for the company in the Latin American region of £12bn as at 31 March 2011, growing at a rapid 7% per annum.

BT already serves around 1,300 organisations in the region, including a number of global multinational companies, such as Unilever, Rhodia, BASF and Fiat. BT has this year signed a number of high profile contracts with Latin-American companies such as the £133 million contract with ECT – Empresa Brasileira de Correios e Telégrafos (the state-owned Brazilian Post Office and Telegraph Company), with Caixa Economica Federal to connect its data centres with its banking correspondents and lottery outlets in Brazil, with Pão de Açúcar , the largest retail conglomerate in Brazil, with Ecopetrol, Colombia’s largest company, and with Colombia’s Ministry of Information and Communication Technologies, where BT supports the Compartel programme to deliver internet connectivity to hundreds of schools, hospitals, council buildings, courthouses and other government institutions and contracts.

BT Group plc (NYSE: BT; London: BTA)

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