The Hindu Business Line : BT to invest $48 m in Asia

Mr Allen Ma (right), President, Asia Pacific, BT, and Mr Aaron McCormack, Vice-President, Global Products, BT Global Services, at a press conference in Bangalore on Monday. — G.R.N. Somashekar

Bangalore , June 27

BT said on Monday that it will invest $48 million in Asia-Pacific, most of which will be in India.

"India is the fastest growing market in Asia-Pacific and we plan to invest more in the country," the BT Asia-Pacific President, Mr Allen Ma, told a news conference.

The investment will go into developing key IP platforms and transfer of services on to an integrated platform for voice, video and data. Mr Ma, however, did not specify the investment amount for India.

Mr Ma said in 2003, BT started rebuilding the company's network in Asia-Pacific. This will allow BT to integrate domestic and international voice capacity across nine countries in this region. Additionally, BT is increasing its direct coverage to 13 countries and 30 cities with its own infrastructure across Asia-Pacific.

In India, BT has entered into contracts with two suppliers, HCL Technologies BPO and Progeon, an Infosys subsidiary, to create two new next generation contact centres near New Delhi and Bangalore.

BT also recently contracted with Infosys to set up an Asia-Pacific regional customer service management centre in Pune.

BT holds 43 per cent stake in Mahindra BT, a joint venture with Mahindra & Mahindra. The joint venture provides value-added software and service solutions to reduce management and maintenance costs for IT systems.

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