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BT Extends HP Agreement

PALO ALTO, Calif. -- As part of the BT HP Alliance, BT has signed a $660 million contract amendment with HP (NYSE:HPQ) to extend the transformation of its technology environment, reinforcing BTs ability to meet customer needs today and into the future, while delivering significant cost reductions.

The contract extends the companies’ current agreement for the next 7.5 years, whereby HP will continue to provide, deploy and support BT’s servers and storage. Under the agreement, HP also will continue to deliver Service Desk and End User Services to a population in excess of 100,000 users across BT in the United Kingdom.

The deal signature demonstrates the ongoing commitment in the strategic relationship between the two companies via the BT HP Alliance, which has created more than $5.3 billion of new revenue for BT and HP since 2004. BT and HP are building the networked IT infrastructure that delivers new customer business models.

The BT HP Alliance is a working partnership between BT and HP. It transforms and simplifies customers’ networked IT services and provides better costs points, flexibility, service levels and time to market for BT’s customers.

“This contract renewal offers BT competitively priced services across a number of key areas of our IT infrastructure,” said David Butcher, managing director, Service Introduction, BT Operate. “HP is a key partner for BT and this deal will create the platform for accelerated innovation and delivery of services for our customers.”

BT Group plc