BT is being sued by consultancy Magenta netLogic for £88m for alleged breach of contract. The firm claims it signed a contract with BT to investigate potential savings at BT Global Services - the company would then be paid a percentage of any savings the telco made by acting on Magenta's advice. Magenta is seeking £80m in …
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Posted Friday 13th March 2009 15:38 GMT
"BT asked it to identify savings of between £300m and £400m in exchange for a payment of between ten and 20 per cent of any savings made.
The consultancy claims that BT never acted on its cost-cutting advice"
So, no savings actually made, 10 - 20% of zero is zero, why the bitchin'?
Posted Friday 13th March 2009 21:00 GMT
Wow, I can't imagine. D'you think it's maybe because there's more to contract law than a couple of paragraphs on the Register?
doh
Posted Friday 13th March 2009 21:00 GMT
"Magenta is seeking £80m in damages and £8.1m for unpaid invoices."
For undelivered work? Magenta go FOAD .
AC because I work for BT!
Posted Friday 13th March 2009 21:00 GMT
BT get advice on savings
BT claim advice is bogus and refuse to pay up
BT secretly put into practice all the advice for free - bargain!
BT being underhanded? Who'd have thunk it?
I wouldn't trust a single word that comes out of the BT PR/Tech departments.
Posted Friday 13th March 2009 23:47 GMT
It is cheaper not to pay consultants of late. Most of them won't sue. Guess these guys are different :)
I have been unpaid by several clients this year and late last year.
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