As BT focuses on its core infrastructure, it has begun selling off business units it regards as peripheral. One such unit is BT Fleet Solutions, sold to Aurelius Equity Opportunities for an undisclosed sum. Established in 2002 and based in Solihull, the unit manages 80,000 vehicles for 26 business customers (including Openreach, the AA, EDF and the National Grid), and reported revenues of £209.5 million in 2017-18. The company will be rebranded in the next 12 months.

UK press reports indicate that BT is also looking for a buyer for Tikit, a software provider in the legal sector.

Posted by Teresa Cottam

Teresa helps B2B service providers improve their commercial results and the customer experience they deliver through research, insight and analysis that builds effective strategy. She is a judge of the GSMA GloMo's for customer experience and enterprise innovation, and for the UK Cloud awards. You can follow her on Twitter @teresacottam

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s