Articles about Global Services

woman answers phone in the middle of the night. photo by SHutterstock

BT's ball-juggling routine can only go on so long

Analysis Former state monopoly BT is juggling so many regulatory, financial and operational balls it’s a wonder it has a free hand to get on with the day-to-day business. Just some issues facing the telco include: uncertainty over Openreach’s future; continuous declines in business with the public sector; a £9bn ballooning pensions …
Kat Hall, 6 Feb 2017
The Incredible Shrinking Man

What's dying on the vine and rhymes with IBM?

It was business as usual for IBM in the second quarter of its fiscal 2015 – which in Big Blue's case means it once again posted revenues that were lower than the same period a year ago. It was the thirteenth quarter in a row of which that could be said. Of course, to hear CEO Ginny Rometti tell it, it's still all part and …
Neil McAllister, 20 Jul 2015
Two mobiles man

BT fattens flabby Global Services biz to puff and huff way to £32bn

Falling sales at BT's global services division has forced the company to make a bold shift in its strategy in that part of the business by expanding its investments abroad. The telecoms giant said today that it planned to "accelerate growth" in Asia Pacific, the Middle East and Africa. It's one of Gavin Patterson's first big …
Kelly Fiveash, 28 Nov 2013
IBM logo

IBM services chief and CEO contender Daniels retires

Mike Daniels, a career IBMer who has been running all or most of Big Blue's Global Services behemoth for the past several years, has said uncle and will be leaving the company. IBM's current CEO, Ginni Rometty, beat Daniels and other graybeards for the top job in October 2011 and rearranged management appointments last year …
The Register breaking news

Revenues down at BT for Q1, share price up

BT reported a 5 per cent decline in revenues for its first quarter ended 30 June, while pre-tax profit climbed 20 per cent. It saw total sales of £4.76bn in Q1, compared with £5bn in the same period in 2010. Adjusted profit before tax jumped to £533m from £466m a year earlier. Earnings per share rose from 4.4 pence to 5.2 …
Kelly Fiveash, 28 Jul 2011
globalisation

BT sees revenues slip in first half, but jacks up profits outlook

BT reported a slip in revenues in its interim results this morning, but for once, its Global Services arm was not the main culprit. The telecoms giant turned in overall revenues of £4.98bn for the six months ending 30 September, down 3 per cent on the year on an adjusted basis. "Adjusted" EBITDA was £1.4bn, up 3 per cent. …
Joe Fay, 11 Nov 2010
chart

BT Global Services' own Clouseau bags massive bonus

The man who piloted BT's Global Services division into a cliff and ensured the wider group made losses that prompted thousands of job cuts trousered £2.85m for his efforts, investors were told today. Francois Barrault last year received a £1.6m termination package, along with hundreds of thousands for school fees, housing and …
globalisation

Nortel and BT ink enterprise deal

Despite filing for protection from bankruptcy earlier this year, Canadian manufacturer Nortel today announced a four year deal to supply BT's enterprise customers with networking gear. Nortel's precarious financial position doesn't seem to bother BT Global Services convergence chief Lewis Lyell, who described the deal as "very …
channel

BT plots massive Openreach outsourcing deal

Exclusive BT is secretly considering outsourcing the operation of its heavily regulated and unionised network access division Openreach, sources have told The Register. Major outsourcers are currently preparing bids for what would be a multi-billion pound contract. It's understood that EDS and Alcatel-Lucent are among the contenders. …
The Register breaking news

BT shares plummet on margin pressure

BT hit targets for the first quarter ended 30 June 2008 bringing in revenues of £5.1bn, up three per cent on last year. But the market is distinctly underwhelmed, marking shares down 10 per cent in early trading. The telco made earnings before interest, taxation, depreciation and amortization (EBITDA) of £1.433bn, up one per …
John Oates, 31 Jul 2008
The Register breaking news

HP VP charged for trying to pass on IBM trade secrets

A former Hewlett-Packard vice president has been charged by US federal prosecutors for allegedly attempting to pass trade secrets from his previous employer, IBM Corp, to senior HP execs. According to a US District Court indictment filed last Friday in San Jose, California, Atul Malhotra obtained “confidential” pricing details …
Kelly Fiveash, 2 Jul 2008
The Register breaking news

BT swallows a third of new broadband punters

BT's resurgence was confirmed today when it announced broadband and other "new wave" products had boosted fourth quarter sales and profits. In the three months to 31 March, BT added 800,000 new broadband customers, bringing its total across retail and other parts of the business to 10.7 million. Revenue for the quarter was up …
thumbs up teaser 75

Dimension Data doubles profits

IT services firm Dimension Data said that better than expected revenue growth in Africa and Europe contributed to a strong trading performance in the first half of 2007. The IT infrastructure provider announced its six month interim results today, for the period ended March 2007. It said that "the first half of FY2007 was a …
Kelly Fiveash, 9 May 2007

Create a news alert about Global Services, or find more stories about Global Services.

Biting the hand that feeds IT © 1998–2017