Thomson Reuters has signed off on a contract that will see BT manage its wide area network (WAN) infrastucture for the next eight years.

BT will work to transform Thomson’s existing technology into a high-speed, IP based global infrastructure that will encompass 323 locations across 100 countries including six applications hosting data centres.

The new contract follows a 10-year deal BT signed in 2005 to transform and manage Thomson Reuters global financial services information network.

Peter Moss, MD of content, technology and operations, Thomson Reuters, said: “Thomson Reuters is absolutely committed to gathering and providing high quality information to meet the needs of our demanding markets. To do this effectively we needed to support our people with a world class, efficient and well managed internal network. Having worked with BT for a number of years now we are confident they can execute against our requirements wherever in the world they may be.”