ArabianBusiness.com - Middle East Business News
Saturday, 21 November 2009 20:31 UAE time

YOUR DIRECTORY /

| Share |

BT chief says yet to see Middle East slowdown

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 16 December 2008
GROWTH SLOWDOWN: BT's Middle East operation has yet to see evidence of the global slowdown. (Getty Images)

BT has yet to start seeing a slowdown in its business in the Middle East, with a doubling of its network connections in the last year, the regional president of the UK telecommunications operator said.

The firm has increased staff numbers at its regional hub in Dubai by 50 percent in the last six months despite the announcement by BT’s CEO in November that the firm was shedding 10,000 jobs across its global operations to reduce costs, Olivier Campenon, BT President EMEA region said on Tuesday in an interview.

Campenon said the reduction, which includes the Middle East, would involve BT cutting the number of contractors it used by 6,000 and not replacing 4,000 staff leavers.

Story continues below
advertisement

He said the impact of the economic downturn had not yet impacted on its operations in the region.

“I have visited a number of customers here and the vast majority say that they don’t see any difference with the economic situation,” he said. 

“How long that will last is really the question I am asking.  I am in charge of a pretty large region from the Nordics down to South Africa and there are many places where there is an impact and I think the impact here is taking a bit longer to come, but I think it will be far less than elsewhere. 

“For me, the crisis is a fantastic opportunity as we have rarely been so busy as today customers are saying ‘find me ways to be more efficient and cut costs and transform my business quickly’.”

BT has doubled its number of circuits, connections customers have to the firm’s network, in the Middle East to around 2,000 in a year, with staff levels at BT’s Dubai office increasing by 50 percent to more than 80 people in May, Campenon said. 

It has invested about a $100 million in the region through its 21st Century Network, an Internet Protocol (IP) platform, which has been deployed in 174 countries, allowing a network connection between companies across the world.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

 EMAIL ALERTS

  1. British Telecom, Middle East

  2. Technology


Tell us your story

READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
  3. RTA to lease out last batch of retail outlets available on Red Line 01
    21 Nov ' 09 at 14:10
    What happened of Last Minute and their 28 outlets - one on each station?   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM