BT To Manage Data Communication Network For H&M
-/13 May, 2005 - Wi-Fi Technology Forum/-BT announced the signature of a three year contract with H&M, the Swedish-owned, international fashion retailer, covering the management and development of its global data communication network. H&M currently operates 1,100 stores across the world, and for the 2003/04 fiscal year, the H&M Group reported earnings after taxes of approximately ?800 million (SEK 7,2 billion ).
Under the terms of the agreement, BT will supervise and manage the fashion giant?s global data communication across 25-30 country locations, utilising BT?s network and MPLS technology.
BT will also conduct a technical upgrade of H&M?s network, providing access to more bandwidth. Such improvements are in line with H&M?s objective to streamline data centres and applications to allow the organisation?s IT infrastructure to better support its business objectives.
Anders Westk?mper, BT Nordics Country manager comments: ?An increasing number of Scandinavian companies with international activities are looking at improving their network and communication services. H&M is a typical example of the way business can benefit the most from utilising a single provider with a global network. A similar agreement was officially concluded with Volvo about one month ago and we are delighted to see another great international brand with Scandinavian roots trusting BT with their communication services.?
About BT http://www.btplc.com
About H& M
H & M Hennes & Mauritz AB (H&M) was established in Sweden in 1947. The company?s business concept is to offer fashion and quality at the best price. H&M is quoted on the O-list of the Stockholm Stock Exchange and has more than 1,100 stores in 21 countries. H&M has more than 45,000 employees and achieved sales including VAT in 2004 of SEK 62,986 million. H&M has a wide product range that is divided into a number of different concepts for women, men, teenagers, children and cosmetics. The company?s clothing collections are created by its own designers, pattern designers and buyers. For further information visit http://www.hm.com.
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