BT, BAE Poised for U.K. $12.1 Billion-Pound Smart-Meter Program
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BT Group Plc, BAE Systems Plc and Vodafone Group Plc are poised to submit final bids in a 12.1 billion-pound ($18.5 billion) U.K. program to install smart meters in every home.
The SmartReach group, which comprises BT, BAE Systems Detica, Arqiva Ltd. and Sensus, is vying with a proposal from Vodafone and Silver Spring Networks Inc. to build the communications systems that will connect every smart meter to U.K. energy suppliers, executives at the companies said.