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Home > Company Index > Telecommunications > Internet & Online Service Providers > BTopenworld

BTopenworld
 NEWS FROM THE STANDARD
The Fall of British Telecom's Empire
May 21 2001 12:00 AM PDT

BT Plans Wireless/Fixed-Line Split and a $8.4 Billion Cash Call
May 10 2001 04:36 AM PDT

 PROFILE
BTopenworld opens the world of fast Internet access to consumers, small businesses, and teleworkers in Europe. The company uses ADSL (asymmetric digital subscriber line) technology to enable copper wires to carry high-speed digital data. The result is high-speed, always-on access to the Internet. Created in 2000 as part of the reorganization of British Telecommunications, BTopenworld has signed deals with more than 50 content providers, including CNN, Reuters, ebay, Loot, and CartoonNetwork. BTopenworld counts among its subsidiaries Genie, which provides Internet access for mobile phones in the UK and other parts of Europe.

 COMPETITION
COLT Telecom Group plc (COLT)
Easynet Group Plc (ESY)
Energis plc (ENGSY)

 DEALS
Deal: BTopenworld Invests in wCities
Date Announced: 11.27.00
Value of transaction (US $Mil): 15
Description: British telco takes 17 percent stake in location-based content provider for $15 million.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 159.20
1-Yr. Sales Growth: 97.4%

 KEY PEOPLE
• Andy Green
    CEO
• Robert Brace
    CFO

 CONTACT INFO
BT Center, 81 Newgate St.
London EC1A 7AJ, United Kingdom
Phone: 44-20-7356-5000
Fax: 44-20-7356-5520
Online: Web Site

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