BT Group will be combining its Global and Enterprise units into a single B2B unit, BT Business. The combined business unit would have generated FY22 pro-forma revenues of approximately £8.5 billion and EBITDA of over £2 billion, and it is expected to deliver at least £100m of gross annualised savings by the end of FY25.
BT Business will be led by Bas Burger the current CEO of BT’s Global unit. Bas joined BT Group in 2008 and prior to the Global role was responsible for BT Americas. Before joining BT Group, Bas was executive president and a member of the management committee of Getronics NV, where he ran global sales, channels and partnerships, developing the company’s international business. He was also CEO and managing director of KPN Entercom Solutions.
BT said the reorganistion will create a simpler corporate structure with three customer facing units: Consumer supporting UK consumers; BT Business supporting business and public sector customers; and Openreach delivering UK nationwide fixed access infrastructure.
BT Group Chief Executive Philip Jansen said:
“BT Group is a leading provider of B2B connectivity and related services to UK and multinational corporations, government and public sector organisations worldwide, as well as UK SMEs1 and SoHos2. BT Enterprise is the market leader in the UK, with a market share of 30% underpinned by BT Group’s fixed and mobile network leadership, the strength of the BT brand, and national sales, service and distribution. BT Global serves many of the world’s largest companies and is consistently rated as a leader for its networking and security services and has ambition to be the leading provider of secure multi-cloud connectivity.”
“By combining the two units, BT Business will bring the Group’s combined assets, products, capabilities and brand to the service of all of our 1.2m business customers who will benefit from faster innovation and delivery. Bas is an excellent leader and I’m confident he will build on the plans already underway and drive the combined business back to growth.”
“Throughout the past two very challenging years, Bas and Rob have provided outstanding leadership. Covid accelerated a shift in the market as people and businesses changed the way they worked, whilst macro-economic factors have disrupted supply chains and put pressure on businesses and the public sector globally. Despite this, we’ve made progress and our customer satisfaction scores have improved, in some cases to an all time high. I am grateful to Bas and Rob for laying the foundations that enable us to take this next step in BT Group’s transformation.”
https://newsroom.bt.com/bt-group-to-combine-enterprise-and-global-units-to-create–bt-business/
