BT reports 'double-digit' MENA growth
MENA vice president claims to have exceeded market expectations in Q1 2014
British Telecom (BT) achieved "double-digit" growth in the Middle East during Q1 2014, the company's MENA vice president, Wael El Kabbany, said Thursday.
Without providing specific numbers, Kabbany said that BT had exceeded market expectations in the first quarter of 2014, posting strength growth across emerging regions, including the Middle East.
"Analysts have always said that we delivered leading technologies and solutions, but that we hadn't performed too strongly with financial results," he said.
"But this year, the company is coming back to growth - we've had a very strong Q1, which was above what the market was expecting."
BT has made strong commitments to the Middle East in recent months. In April, it opened an Innovation Showcase Centre in Dubai, and soon after, announced the implementation of a GIPX node with VIVA Bahrain. The company has also set up a Cloud Compute Centre in Saudi Arabia, and recently launched operations in Qatar.
While admitting that BT was responding to customer demands by pouring more investment into the region, he said that the company's recent success was down to more than the technologies that it offers.
"CIOs are faced with enormous challenges around the digital transformation happening around us," he said.
"But these challenges can't be addressed with traditional technologies and the traditional ways of doing things. When you look at cloud, big data, and all of this, it's not just about throughput or technology; it's about strategically solving business challenges. It used to be technology-driven, but now it's very business-driven."