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Latin acquisitions fuel BT's services growth

01 February 2008

BT insists it is more than a telecoms company. Boosted by acquisitions in strategic markets, Global Services is aiming to contribute half group income. Claire Rigby interviews Luis Álvarez Satorre, the executive in charge of operations across Europe, the Middle East, Africa and Latin America

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Luis Álvarez Satorre: aiming for Global Services to contribute half of group revenues

Part of BT's increasingly international business empire, BT Global Services has been gathering speed lately with a string of strategic acquisitions.
These range from Indian company i2i and the Belgian consultancy INS on the IT and logistics side, to more network-based concerns such as the US companies Infonet, bought in 2005, and Comsat, acquired in a well-publicised purchase in 2007.
Its choice of acquisitions says much about the course the division — and hence BT itself — is taking, not only in terms of its internationalist ambitions but also in its diversification out of pure telecoms into a hybrid telecoms-IT-process-management direction.
And with it, BT Global Services is sprinting forward to become one of the company's most lucrative sections.
The unit serves corporate, multinational and government clients across the globe, including in the UK. Its...