Post Office signs, seals and delivers £750 million deal to BT
TheFirstCut
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The Post Office and BT today announced a new strategic partnership that sees BT become the provider of wholesale communications services to the Post Office for resale to its customers. In an agreement worth up to £750 million over the next four years, and the largest single contract ever signed by BT Wholesale, BT will underpin the Post Office’s ambitions to become a fully integrated voice and broadband communications provider.
http://www.btplc.com/news/articles/showarticle.cfm?articleid=%7bc7a819c4-a968-42c9-a53f-56b20f04ed39%7d
http://www.btplc.com/news/articles/showarticle.cfm?articleid=%7bc7a819c4-a968-42c9-a53f-56b20f04ed39%7d
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First the Post Office rename their phone service British Telecom, then it's sold off and privatised, then BT sign an agreement with the Post Office to provide the Post Office with a telephone service for £750 million.