BT Group Prepares to Merge Struggling Business Units: Telegraph

BT Group Plc is looking to combine its Global Services division, which sells security and cloud computing products, with its Enterprise unit, which serves business and government customers in the UK, as part of a cost-cutting drive, the Telegraph reported.

Merging the businesses could reduce expenses by as much as £20 million, the newspaper said, citing an unidentified industry source.

A BT spokesman told the newspaper that the businesses had some overlap.

To contact the reporter on this story:
James Ludden in New York at jludden@bloomberg.net

To contact the editor responsible for this story:
Matthew G. Miller at mmiller144@bloomberg.net

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