British Telecom eyes Vietnam market
Channelnewsasia.com reported that BT regards those potential markets of Vietnam, the Philippines and Indonesia as key drivers of its expansion strategy in the near future.
The news wire quoted Tim Harris, CEO of British Telecom Southeast Asia, as saying BT plans to double its market share in Asia.
"We’re very positive on Asia. We grew a double digit growth last year, and our intention is to grow twice the size at the market,” said Harris. "We’ll be investing significantly further into the region. Because that’s where we see our customers investing a lot at the moment."
BT said the Asian market for its services is growing strongly at 6 percent a year overall and 15 percent for managed services. It estimates that the Asian market for its services is worth 8 billion pounds (US$12.56 billion).
