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Home > Company Index > Utilities > Gas Utilities > Lattice Group plc
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Lattice Group plc |
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NEWS FROM THE STANDARD |
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BT Signs $3.2 Billion Property Deal, Names Wireless Chairman
Jun 13 2001 10:00 AM PDT
PROFILE |
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Spun off from BG Group in 2000, Lattice Group operates the natural gas distribution system that belonged to former monopoly British Gas. Lattice's primary business unit, Transco, is a regulated utility that manages the national gas pipeline grid and liquefied natural gas storage facilities in the UK. The 275,000-km (170,500-mi.) grid of gas mains serves 60 gas suppliers and, indirectly, 20 million consumers. Lattice Group also has inherited BG Group's telecom holdings, which include a joint venture with US-based SpectraSite to install a network of communications towers in Europe. Subsidiary 186k will lay a fiber-optic network along Transco's gas lines. The group also provides energy services.
COMPETITION |
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British Telecommunications plc (BTY)
Crown Castle International Corp. (CCI)
The National Grid Group plc (NGG)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 4,608.00
1-Yr. Sales Growth: (8.9)%
Employees: 15,579
Revenue per employee: $295,782.78
KEY PEOPLE |
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Philip Nolan
CEO
Steve Lucas
CFO
CONTACT INFO |
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130 Jermyn St.
London SW1Y 4UR, United Kingdom
Phone: 44-20-7389-3200
Fax: 44-20-7389-3214
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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