BEIJING, Nov. 28, 2011 /PRNewswire-Asia/ -- BT, one of the world's leading providers of communications solutions and services, today welcomed iSoftStone (NYSE: ISS), a leading China-based IT services provider, as a shareholder in MDCL-Frontline, BT's main delivery arm for the provision of IT infrastructure services to its multinational customers in China. BT is the largest shareholder of MDCL-Frontline with a 47.5% holding, which remains unchanged.
Commenting on the strategic investment, TW Liu, Chairman & CEO of iSoftStone said, "We are very pleased about the investment in MDCL-Frontline. I'm sure iSoftStone's additional service capabilities will further strengthen MDCL-Frontline's position as a leading end-to-end IT services provider to its Chinese clients and global clients in China."
With 150 engineers located in 21 cities in China, MDCL-Frontline has established itself as a premier IT services provider that specializes in IT system integration and infrastructure development, encompassing networking, servers, data storage and data centres. Its clients include large enterprises in China's telecom, banking, and energy sectors.
MDCL-Frontline has become the preferred service provider for BT in China. With this investment, iSoftStone and MDCL-Frontline hope to leverage each other's strengths and collaborate on strategic initiatives like smart city, healthcare, Internet of Things, and Cloud Computing.Kevin Taylor, President of BT Asia Pacific, said, "MDCL-Frontline's outstanding skills in IT infrastructure and system integration as well as its local engineering force give BT a truly differentiated service delivery capability in the China market. iSoftStone's involvement will further accelerate MDCL-Frontline's growth through iSoftStone's rich professional service capabilities across many industry sectors. This will enhance BT's position as a strong leader, offering value-added IT service to our MNC customers expanding their footprints in China." MDCL-Frontline's achievements have been acknowledged through numerous industry certifications including IBM Solution Provider Partner and Oracle OPN. It holds the prestigious Class A System Integration Enterprise License issued by the Chinese government.
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