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BRITISH TELECOM.


BRITISH TELECOM The telephone and communications carrier that provides services in Great Britain and Northern Ireland. It used to be a division of the British Post Office, but was privatized in 1984 under Margaret Thatcher's administration.  (BT) acquired a 20% stake in ImpSat, an Argentine telecommunications company See telecom company. , for about US$145 million. ImpSat sells voice, data, Internet and e-commerce services to 1,500 corporate customers in major cities in Argentina, Brazil, Colombia, Ecuador, Mexico and Venezuela. Nevasa Holdings, an Argentine holding company, will retain majority control of the company. Private equity funds affiliated with Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  Dean Witter will also keep a minority interest.
COPYRIGHT 1999 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Latin Trade
Date:Jul 1, 1999
Words:70
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