Thomson Reuters has signed an eight year deal with BT to upgrade its wide area network.
The deal, for an undisclosed amount, expands an ongoing £1.7 billion network contract with BT.
Under the new agreement BT will upgrade the media and market data firm’s internal wide area network into a faster, IP-based infrastructure. The WAN will cover 233 offices in 100 countries, and will connect into six datacentres that host Thomson Reuters’ applications.
Thomson Reuters’ existing 10-year deal with BT covers a range of network services for communication with the firm’s 330,000 clients. When it was signed in 2005, as part of the contract BT acquired extranet firm Radianz from Reuters.
Peter Moss, managing director of content, technology and operations, at Thomson Reuters said that it was important the firm was improving its internal network too. In order to deliver information, he said Thomson Reuters “needed to support our people with a world class, efficient and well-managed internal network”.
Last year, Thomson Reuters signed a £500 million deal with Fujitsu to run most of its internal IT infrastructure including desktop PC maintenance and email services for 17,500 employees. Reuters said at the time that it expected the deal to reduce its annual IT costs by between 20 and 30 percent.