BT SELLS FRENCH APPLICATION DEVELOPMENT BUSINESS
BT Group plc today announces the sale by BT Global Services of its French application development services business to the publicly listed French IT services company Osiatis. The sale will be effective as of 1 June 2012.
The sale allows BT Global Services in France to focus further on its core strategy, which is to offer networked IT services and communications solutions to corporate customers and the government sector.
The unaudited gross assets of the business being sold were €1.84 million as at 31 March 2012.
