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Chinese company iSoftStone acquires stake in MDCL-Frontline, BT’s main IT service provider in China

Chinese company iSoftStone acquires stake in MDCL-Frontline, BT’s main IT service provider in China

MDCL-Frontline, a joint-venture created in 2001 and with operations in 21 cities in China, is BT’s main delivery arm for the provision of IT infrastructure services to its multinational customers in China.

The UK operator, the majority shareholder in MDCL-Frontline with a 47.5% stake, is welcoming iSoftStone, the Chinese telecoms and IT services provider, as a shareholder in the JV. iSoftStone acquired a 20% share of the equity from Godwin Yau, one of the co-founders of MDCL-Frontline, for an undisclosed amount.

MDCL-Frontline and iSoftStone plan to work together in the areas of smart cities, healthcare, the Internet of Things and Cloud Computing. BT also expects to benefit from iSoftStone’s professional services to enhance its value-added IT service offering in the Chinese market.

Moreover, BT recently signed a network to network interface (NNI) agreement with China Unicom, enabling its customers to connect to around 330 cities in China.

Sources: BT->http://www.btplc.com/News/Articles/Showarticle.cfm?ArticleID=408530D7-D721-41EB-9B1D-071B2841E872], [South China Morning Post