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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  BT Group plc    BT.A   GB0030913577

BT GROUP PLC

(BT.A)
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BT : and RingCentral extend partnership to accelerate adoption of cloud-based business communications

11/17/2020 | 04:01am EST
18813
10
November
2020
|
09:53
Europe/Amsterdam
BT and RingCentral extend partnership to accelerate adoption of cloud-based business communications

Cloud Work provided by RingCentral to be a lead UCaaS and CCaaS offering for BT business and public sector customers, accelerating UK's digital transformation agenda

November 9, 2020 -BT,the UK's leading telecommunications and network provider,andRingCentral, Inc.(NYSE: RNG),a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced an expanded partnership to accelerate the adoption of cloud-based communications and support the digital transformation of businesses across the UK. Cloud Work provided by RingCentral will be a lead Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) offering for BT with small, medium and large sized UK enterprises, as well as public sector customers.

Combining the best of BT's network leadership and resources with RingCentral's industry-leading technology, Cloud Work provided by RingCentral, brings reliable, trusted and secure cloud-based communications to organizations across the UK. With integrated voice, video, and team messaging capabilities, the solution provides a seamless communications experience for distributed workforces to collaborate effectively and be productive from anywhere, anytime.

'As businesses continue to navigate through the complexities of Covid-19, our extended partnership with RingCentral reinforces a commitment and shared vision of bringing innovative communications solutions to our customers so they can thrive now, and put the right building blocks in place for a successful post-pandemic workplace,' said Ashish Gupta, Chief Operating Officer, BT's Enterprise Unit.

'Every organization is adopting new remote and digital ways of working, with varying degrees of complexity. By collaborating with partners like RingCentral, we're focused on removing this complexity for our customers to enable a successful digital transformation journey.'

Key benefits of Cloud Work provided by RingCentral include:

  • Improved flexibility and productivity as workers can connect anytime and from anywhere with a single, integrated team messaging, video and phone solution

  • Single business identity enabling enterprises to manage multiple office locations, create an auto receptionist, route calls, and manage directory listings

  • Seamless integration with all critical business applications and cloud services empowering the workforce to use the cloud and collaborate like never before

  • Access to a professional services support team of industry experts to assist with initial planning, strategic consultations, comprehensive implementation or integration designs, and provide ongoing support and system training

'Today people need to work and collaborate productively from everywhere, and that's what we focus on enabling at RingCentral,' said Anand Eswaran, president and chief operating officer, RingCentral. 'We're delighted to extend our partnership with BT to make our solution available to a broader set of BT's customers and deliver additional productivity, quality, and cloud economies of scale through tighter integration with BT's leading fixed and wireless network.'

Cloud Work provided by RingCentral will be available through BT's Account managers (Corporate and Major Corporate), BT Local Businesses, and through dedicated telesales and call centers. Cloud Work service is provided by RingCentral UK, Ltd., a wholly owned subsidiary of RingCentral, Inc.

To learn more about Cloud Work provided by RingCentral, visithttps://business.bt.com/products/cloud-work/. To learn more about RingCentral, visitringcentral.com.

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Disclaimer

BT Group plc published this content on 10 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2020 09:00:02 UTC


© Publicnow 2020
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Sales 2021 21 426 M 29 280 M 29 280 M
Net income 2021 1 479 M 2 021 M 2 021 M
Net Debt 2021 18 235 M 24 919 M 24 919 M
P/E ratio 2021 8,90x
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 164,30 GBX
Last Close Price 131,50 GBX
Spread / Highest target 121%
Spread / Average Target 24,9%
Spread / Lowest Target -43,0%
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