BBC to sell off technology unit

Discussion in 'News' started by Phil, Nov 30, 2003.

  1. Phil
    Honorary Member

    Phil Gigabyte Poster

    [​IMG]<font size="3">BBC to sell off technology unit</font>

    The BBC has announced plans to sell its technology arm, saying the move could save £20-30m a year. The BBC's board of Governors has backed the proposal, which will need government approval. Under the plans, outside firms will be asked to bid for the BBC's technology contract, with the condition that they buy BBC Technology Ltd. Last year the unit, which employs some 1,400 people, provided the BBC with profits and savings totalling £19m.

    The move is part of a "self help" order imposed on the broadcaster by the government as part of its 2000 licence fee settlement.

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