BT and KDDI sign joint venture agreement

TOKYO: BT, one of the world's leading providers of

global communications solutions and services, and KDDI, Japan's second largest

full service telecom operator, today announced a 50:50 equity joint venture at a

ceremony in Tokyo attended by Andy Green, Chief Executive Officer of BT Global

Services and BT main board member and Tadashi Onodera, President and Chairman,

KDDI.






Under the JV, the two companies plan to leverage each other's strengths to offer
global managed services and network-centric outsourcing solutions to Japanese

multi-national companies.






Andy Green said, “As the world's second largest corporate market, Japan is
high on BT's priority list, and with good reason. Industry reports estimate

the size of the current outsourcing market in Japan at approximately $90

billion, twice the size of the rest of Asia Pacific markets combined.

Furthermore, the challenges of managing global networking technology, coupled

with greater demands on performance, reliability and security are projected to

drive significant growth for network outsourcing.”






“The joint venture agreement with KDDI is a perfect fit to address this market
demand. BT Japan's and BT Infonet Japan's existing customers will be

serviced by the JV. In addition, the JV will bring an extended range of service

possibilities benefiting companies headquartered in Japan with international

operations”, he added.






Upon launch, the JV will have approximately 100 employees backed by the full
corporate resources of BT and KDDI including R&D, IP-based services,

financial strength and true global scale.






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