British Telecom definition 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.