BT Global Services has recorded a 40% improvement in its operating losses following major contract signings in its last quarter.  The company’s total order intake for Q4 2012 was £2 billion, an increase of eight percent year-on-year, and up from £1.6 billion Q3.

In the UK, the company signed a contract with the National Air Traffic Services (NATS) to support core air traffic control operations, and with the South Essex Partnership NHS Trust to provide a 500 site N3 Community of Interest network, which it described as the largest local health network in the country. Other significant contract signings in the fourth quarter included a £138 million deal with London-based mining company Anglo American, to deliver services across 15 countries in Africa, Asia and Latin America, and a £39 million agreement with NATO for services in more than 70 locations.

Source: Computerworld