fbpx
Home / Today's Top Stories / British Telecom plans breakup

British Telecom plans breakup

British Telecommunications PLC today said it would break up of the U.K. telecom giant, and scale back its global plans to unload a third of its huge debt burden. BT plans to float a 20 to 25 percent stake in its mobile phones division and spin off its UK network into a separate company.

x

Check Also

Lori Green

Legalization of recreational cannabis likely coming down the pike for NY (access required)

The state of New York will pass a bill legalizing recreational marijuana use in: A. 2020, B. 2021, C. in ...

iec-logo

IEC reports increase in Q3 bottom line (access required)

IEC Electronics Corp. last week reported an increase in sales and earnings in the third quarter. For the quarter ended ...