Business
Otis Selected for Major Escalator Modernization Across London Underground Network
Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, and service company, has been selected by Transport for London (TfL) to deliver a comprehensive service and modernization program for 172 escalators across the London Underground network.
About this update from Otis Worldwide Corporation
[{"type":"list","items":[{"val":[{"type":"text","content":"Otis innovation and expertise will help keep London moving","length":58,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":58,"olType":false},{"type":"text","content":"LONDON, Jan. 8, 2026 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, and service company, has been selected by Transport for London (TfL) to deliver a comprehensive service and modernization program for 172 escalators across the London Underground network.","length":324,"tagName":"p"},{"type":"image","alt":"Otis will deliver a comprehensive service and modernization program for 172 escalators across the London Underground network, bringing the total number of units serviced by Otis to more than 300 across the entire network. Shown here are escalators at Bond Street station.","displaySize":"","headline":null,"caption":"Otis will deliver a comprehensive service and modernization program for 172 escalators across the London Underground network, bringing the total number of units serviced by Otis to more than 300 across the entire network. Shown here are escalators at Bond Street station.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":266,"url":"https://media.zenfs.com/en/prnewswire.com/6c60dd9962b9b378dfbf748d1afdffa1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wCSMAm1U8N.b77kse708jg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ2OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/6c60dd9962b9b378dfbf748d1afdffa1","width":400,"height":266}},"href":"https://mma.prnewswire.com/media/2856671/LV_OTIS_BondSt4.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Otis has played an essential role in keeping people moving within and across London for over a century, ever since installing the first passenger escalators on the London Underground at Earl's Court station in 1911. On the Elizabeth line, which has transformed how people travel across the capital, Otis supports around 800,000 passenger journeys daily with its escalators and expert technicians, helping to keep London moving.","length":441,"tagName":"p"},{"type":"text","content":"Starting in April 2026, this new contract brings the total number of units serviced by Otis to more than 300 across the entire network.","length":135,"tagName"...