SEA - 20th August 2009
Carillion-led joint venture signs letter of intent with Openreach for support services contract worth in the region of £1 billion
A Carillion-telent joint venture, has signed a letter of intent with Openreach for a future contract to provide nationwide support services for Openreach, BT's local access network business.
Under the future contract, the joint venture would deliver a range of services across Openreach's five regions - London and Home Counties, the South East, Midlands, Wales and West, the North, and Scotland. Services will include complex support and network installation services, asset management and maintenance, together with other associated works.
The contract is expected to be agreed and signed within the next two months, during which time transition arrangements will be put in place.
Commenting, Carillion chief executive John McDonough said: "This further reinforces Carillion's position as a leading supplier of support services for infrastructure and buildings. Carillion already has a strong relationship with BT, for whom we have provided integrated facilities management services for BT's UK estate since 2001. The Carillion-telent joint venture has outstanding skills and resources and we look forward to working with Openreach to support them in delivering a first-class service to their customers."
Notes to editors
Carillion is one of the UK’s leading support services, Public Private Partnership project and construction companies. The Group has annual revenue of around £5 billion, employs some 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
In the UK, Carillion’s principal market sectors are Defence, Education, Health, Facilities Management & Services, Rail, Roads, Building, Civil Engineering and Utilities Services.
In the Middle East, Carillion’s principal market sectors are Construction and Facilities Management. In Canada and the Caribbean, the Group’s main sectors are Health, Roads Maintenance and Construction.
Carillion has a substantial portfolio of equity investments in Public Private Partnership projects, particularly in the Defence, Education, Health and Transport sectors.
In the inaugural Sunday Times Best Green Companies Awards in May 2008, Carillion secured first place in the category for large and medium-sized companies with high environmental impact and second place overall.
This and other Carillion news releases can be found at www.carillionplc.com
For further information contact
John Denning, Director Group Corporate Affairs, Carillion plc 01902 316426
