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BT has signed at £88m contract with Randstad, one of the world’s leading recruitment companies. Reuters

BT has revealed the signing of a lucrative contract with Randstad, one of the world's leading recruitment and staffing companies.

Giving details on Wednesday (5 October), the FTSE 100 telecoms giant said the contract, valued at£88m (€100m, $112m), involved the provision of cloud-based services and connectivity to over 3,500 Randstad sites spread across 37 countries.

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BT added that its service would boost Randstad's network infrastructure, which is currently serviced by multiple providers, via the deployment of internet connections and cloud-based virtual networks.

Randstad recently reached an agreement to buy Monster Worldwide, the owner of Monster and Jobs.com, earlier this year.

It remains the world's second-largest staffing company after Adecco.