UK customers of the now defunct Concert joint venture between BT and AT&T will have their contracts and service level agreements honoured, the companies have announced.
BT and AT&T created Concert in 1998 to provide multinationals with a single communications provider. But its closure was announced last October, and it has finally been wound down this week.
Around 2,000 jobs worldwide will go, including up to 1,000 in the UK, and all Concert's businesses, customers and networks have been returned to the relevant parent company.
BT will take back 2,100 employees, roughly a third of Concert's total workforce.
"Ever since we announced our intention to unwind the joint venture last October, our primary objective has been to ensure that our customers continue to enjoy the service that they have come to expect," said Tim Smart, former chief operating officer of Concert, and now president of BT Ignite Global Business.
BT will take over all of Concert's managed services network infrastructure in Europe, Africa, the Middle East and the Americas, while AT&T will acquire the Asia-Pacific network, at an estimated cost to BT of about £1.4bn.
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