BT said today it planned to set up a new unit for corporate customers by combining two existing businesses in a move which it says could save the firm at least £100m by the end of 2025.
The country's biggest broadband and mobile operator is under pressure to cut costs so that it can maintain the pace of building its fibre network at a time of rising labour and energy costs.
BT is aiming to take fibre broadband to 25 million premises by 2026 in a race with rival Virgin Media O2 and smaller alternative networks.
The company said the new unit BT Business would be formed by putting together its Global and Enterprise divisions and would be led by Bas Burger, the current CEO of BT's Global unit.
Philip Jansen, BT's chief executive, said that the new structure would benefit corporate customers by improving innovation and delivery.
The £100m of savings would come from combining the management teams, support functions, product portfolios and systems of the two units.
