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Online Computer Terms Dictionary - B

British Telecom

<company> (BT) The largest telecommunications provider in the UK.

Due to regulatory issues, BT had to sell off its interest in McCaw Cellular. BT sold it to AT&T for something like 4B$. BT then invested that in MCI. As a part of the deal, MCI was given BT North America, which was the old Tymnet. MCI laid off about 40% of the Tymnet staff.

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(1995-05-09)

 


Nearby terms: British Broadcasting Corporation « British Library Method « British Standards Institute « British Telecom » British Telecom Research Laboratories » brittle » broadband
 

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