Business Services Industry
BT Planning Return To Paper Directories Business
Communications Today, August 7, 2002
BT Group Plc [BTY] Tuesday said it plans to return to the paper directories business as part of an effort to raise GBP100 million (US $156 million) by March 2005 from new directories and listings services. The company is planning the move in anticipation of falling revenues from its directory inquiries service when it opens to full competition next year.
BT sold its classified directories business, Yell, in May 2001 as a means to reduce debt. This past May, BT restored its dividend and posted 2002 first-quarter profits that beat analysts' expectations.
COPYRIGHT 2002 Access Intelligence, LLC
COPYRIGHT 2008 Gale, Cengage Learning
Most Recent Technology Articles
- TELECOMMUNICATIONS : TELECOMS PACKAGE LEAVES COMMISSION, EP AND COUNCIL IN DISCORD.
- TELECOMMUNICATIONS : MEPS PRESSED TO FINALISE TELECOMS PACKAGE.
- AUTHORS' RIGHTS : PARIS PUTS GRADUATED RESPONSE' ON AUDIOVISUAL COUNCIL'S AGENDA.
- RAIFFEISEN INFORMATIK BUY OF PC-WARE AUTHORISED.
- MOBILE TELEPHONY : REDING OBTAINS "STRONG AGREEMENT" ON ROAMING.
Most Recent Technology Publications
Most Popular Technology Articles
- What is precision air conditioning and why is it necessary?
- Business process re-engineering in the small firm: A case study
- BizRate to monitor in-store customer satisfaction for Office Depot stores - Market Intelligence
- Base course modification through stabilization using cement and bitumen
- Speed control of separately excited DC motor
Most Popular Technology Publications
Content provided in partnership with http://findarticles.com/source//
Sponsored by Merrill Lynch