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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 : launches new generation of software defined network services with V..

11/12/2020 | 04:09am EST

Customers to benefit from flexibility and choice as they optimise networks for cloud services

BT today announced the launch of a new generation of cloud-optimised managed network services to expand multinational customers' choice of software-based connectivity solutions. The first service, based on industry-leading VMware SD-WAN, is available to customers globally and already in live deployment.

Traditional wide area networking requires dedicated, proprietary vendor hardware to be installed at each customer site. BT's new managed service is based on generic hardware capable of supporting a choice of software-based networking solutions from different vendors.

With almost 70 different SD-WAN solutions on the market, the choice can be overwhelming. BT consultants can help customers with the best solution to fit their needs. They also advise on security, offering a range of options to meet customers' own security policies.

The service can be managed or co-managed remotely by BT on its new digital service platform. This gives customers a single view of their entire network and a choice of management controls.

Andrew Small, director of global portfolio at BT, said: 'Our new managed service further expands customers' choice of software-defined networking solutions. Presently available with industry-leading VMware SD-WAN, it is delivered over our new, digital service platform. The solution is fully supported by our consultancy services to help customers maximise the benefits of performance, agility and flexibility for their businesses.'

Sanjay Uppal, senior vice-president and general manager, Secure Access Service Edge (SASE) and SD-WAN business, VMware, said: 'We are excited to work with BT to help multinational enterprises around the world with their digital transformation during these unprecedented times and beyond. Together, we are committed to providing customers a cloud-first, more secure, automated, and scalable wide area network.'

Disclaimer

BT Group plc published this content on 12 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2020 09:08:04 UTC


© Publicnow 2020
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Financials
Sales 2021 21 426 M 29 328 M 29 328 M
Net income 2021 1 479 M 2 025 M 2 025 M
Net Debt 2021 18 235 M 24 960 M 24 960 M
P/E ratio 2021 8,90x
Yield 2021 -
Capitalization 12 942 M 17 737 M 17 716 M
EV / Sales 2021 1,46x
EV / Sales 2022 1,48x
Nbr of Employees 105 300
Free-Float 86,2%
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 164,30 GBX
Last Close Price 1,32 GBX
Spread / Highest target 22 029%
Spread / Average Target 12 394%
Spread / Lowest Target 5 603%
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Managers and Directors
NameTitle
Philip Eric Rene Jansen Chief Executive Officer & Executive Director
Jan Petrus du Plessis Chairman
Simon Jonathan Lowth Chief Financial Officer & Executive Officer
Howard Watson Chief Technology & Information Officer
Iain C. Conn Senior Independent Director
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