Procter & Gamble in $650m network deal with BT

Consumer packaged goods manufacturer Procter and Gamble (P&G) has signed a $650m deal for BT to manage its global communications network.

The five-year contract will see BT provide and manage P&G's local and wide area network infrastructure across more than 1,100 locations in 82 countries.

silicon.com Financial Services

Get the latest financial services news straight to your inbox. Sign up for the FS newsletter today!

BT will provide a state-of-the-art, high speed, IP-based, firewall protected network that will offer conferencing, remote access, voice calls, IP telephony and internet services.

P&G hopes the deal will save money, as well as improving efficiency, flexibility, regulatory compliance and future proofing its IT infrastructure.

Jim Fortner, director of workplace and infrastructure solutions at P&G said in a statement: "We are confident that they can bring world-class innovation to transform our network and our business."