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MCI AND BT EXECUTIVES NAMED TO KEY POSTS FOR BT/MCI JOINT VENTURE

 WASHINGTON, Aug. 18 /PRNewswire/ -- MCI and British Telecommunications plc (BT) today announced the appointment of two senior executives to its new joint venture company that will provide advanced global telecommunications services for multinational customers.
 Roy C. Nash, 51, MCI vice president and controller, has been named chief financial officer of the joint venture firm. He will be responsible for financial planning and control, accounting and financial reporting, treasury, tax and contracts matters. Nash also will serve as the firm's chief information officer.
 Mike Read, 45, BT global networks director, has been named senior vice president for worldwide planning and operations of the new venture. He will be responsible for the planning, provisioning and operations of the new company's worldwide network and services.
 Both positions will report to Chris Earnshaw, chief executive of the joint venture, to be headquartered in Northern Virginia.
 The two companies earlier this month announced the execution of the definitive agreements that call for BT to buy 20 percent of MCI for $4.3 billion and for the establishment of the global joint venture to supply multinational companies with advanced voice and data services.
 Nash joined MCI in 1987 as the company's vice president of accounting. Prior to MCI, he spent nearly 20 years in public accounting and auditing with Arthur Young & Company in the United States and Europe, including positions in Madrid and Brussels. Nash also was an executive on loan from Arthur Young to the International Accounting Standards Committee in London, where he served as secretary general.
 He later was named partner and assistant to the chairman of Arthur Young in New York and also served as a consultant on international accounting for the United Nations Center for Transnational Corporations.
 Nash holds a bachelor of arts degree in economics from Cornell University and an MBA degree in accounting from Columbia University.
 Read joined BT in 1964 and has held diverse management positions in planning, marketing, and product management, including the launch of BT's virtual private network service, FeatureNet. He also has played a key role in efforts to interconnect other carriers to BT's international network.
 In the mid 1980s, Read was elected chairman of the CCITT working party responsible for worldwide network operations. He also has a extensive knowledge of international systems, including subsea cable and satellites.
 -0- 8/18/93
 /CONTACT: MCI Corporate News Bureau, 800-289-0073 or 202-887-3000/
 (MCIC BTY)


CO: MCI; British Telecommunications plc ST: District of Columbia IN: TLS SU: PER

TW -- DC011 -- 3881 08/18/93 11:34 EDT
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Publication:PR Newswire
Date:Aug 18, 1993
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