BT renews HP contract for £370m

BT today signed a seven-year, £370m contract extension with HP.

BT today signed a seven-year, £370m contract extension with HP. HP will provide, deploy and support BT's servers and data storage. HP will also deliver service desk and end-user services to more than 100,000 users across BT in the UK.

The companies said the BT-HP relationship had created about £3bn of new revenue for BT and HP since 2004. In the year to 31 March 2008, BT Group's revenue was £20.7bn with pre-tax profit of £2.5bn.

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