BT has extended its ITO agreement with Steria for another six years in a deal that could land the outsourcer an extra £75 million. Under the new contract, lasting until 2014, Steria will continue to support the key applications that underpin BT's UK operations for finance and accounting (F&A) transaction processing, ledger and payroll services.

Building on a 20 year relationship, the extension will provide continuing support for and transformation of the critical business applications that support BT's finance operations. This contract will also enable BT to optimise its use of Steria's integrated delivery model, moving towards the most cost-effective and efficient service possible.

Kevin Richards, Director of Enterprise Management Platform in BT Design, said: "Steria has worked with BT for many years and has evolved its services and approaches along with BT's changing business and IT requirements. Keeping the business process and IT service closely coupled provides us with a streamlined and efficient service that maintains effectiveness at critical business periods. We are therefore pleased to be extending our relationship with Steria for a further six years."