| Business Summary | | British
Telecommunications
plc
(BT)
is
a
provider
of
telecommunications
services.
The
Company's
principal
activities
include
local,
long
distance
and
international
telecommunications
services,
mobile
communications,
Internet
services
and
IT
solutions.
In
the
United
Kingdom,
BT
serves
28
million
exchange
lines
and
more
than
seven
million
mobile
customers.
International
direct-dialed
telephone
service
is
available
to
more
than
200
countries
and
other
overseas
territories.
In
April
2000,
BT
announced
the
re-grouping
of
its
activities
into
new,
self-contained
business
units
to
allow
separate
listings.
The
new
businesses
are:
Ignite,
the
international
broadband
network
business,
focused
primarily
on
corporate
and
wholesale
markets;
BTopenworld,
the
international,
mass
market
Internet
business;
BT
Wireless,
the
international
mobile
business,
with
a
particular
emphasis
on
mobile
data;
and
Yell,
the
international
directories
and
associated
e-commerce
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | British
Telecommunications
is
engaged
in
providing
telecommunication
services,
including
long-distance
and
international
calls.
BTY
also
manages
private
networks
and
supplies
mobile
communication
services.
For
the
three
months
ended
6/30/01,
revenues
increased
15%
to
L5.45
billion.
Net
income
after
U.S.
GAAP
totalled
L3.75
billion,
up
from
L240M.
Results
reflect
increased
BT
Retail
sales
and
L4.48
billion
gain
on
the
sale
of
fixed
asset
investments
and
group
investments. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Christopher Bland | Chairman | Sir Peter Bonfield, 53 | CEO,
Director | Philip Hampton, 47 | Financial
Director | Bill Cockburn, 57 | Managing
Director, Director | Lawrence Alexander | U.K.
Managing Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|