BT (NYSE: BT) on Monday announced that it has promoted Luis Alvarez as the new CEO of BT Global Services, moving into the post beginning on Oct. 1.
Alvarez (Image source: BT)
A 12-year BT veteran, Alvarez most recently served as the President of BT Global Services, Europe, Middle East, Africa and Latin America.
"We have a strong business in the UK, mature operations in key economies and are expanding our presence in the fastest growing parts of the world," Alvarez said in a statement.
Alvarez is taking the reins of BT Global Services from current CEO Jeff Kelly, who decided to move back to the United States following an almost three-year tenure. Kelly, who will work part-time as a senior executive advisor to BT, the was named CEO of the division in January 2010 in a move to steer it back to profitability.
During his tenure, Kelly led the company as it expanded its capabilities in key markets, including the United States, Latin America and Asia Pacific. One of the most recent initiatives BT Global Services took on was to expand its cloud and IT services in Colombia.
In addition to cloud and IT services, BT Global Services is also fast becoming a bigger player in the global Ethernet market. On Vertical Systems Group's six-month Global Ethernet Leaderboard, which measures the amount of Ethernet port shares sold, the service provider climbed from number seven in March to the number four spot. That rise in the rankings is certainly attributable to its growing presence in international countries, including Asia Pacific, EMEA, Latin America and the United States.
Having a solid set of services like Ethernet and cloud and presence combined with Alvarez's own experience in running operations in these countries will ensure the service provider can continue to be a competitive threat to other players like Orange Business Services, Verizon (NYSE: VZ), and Colt (Nasdaq: COLT).
- see the release
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