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BT Mobile Division Left To Go It Alone


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Old 19-11-2001, 11:48
Supernova
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Join Date: Jun 2001
Location: Nottingham
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BT has demerged it's mobile phone division, mm02, creating a separate £6.8bn-valued company.

Shares in mm02, rated the 40th largest company on the London market, started trading at 80p.

BT is to retain control of it's traditional fixed-line business.

There is speculation mm02 may not have been big enough to survive as a separate entity, with some analysts saying it could become a takeover targert.

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Old 22-11-2001, 22:39
mark313
 
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Its a stupid name for a mobile comlpany - O2, that obviously took some time to think up
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